PTT slashes investment budget by 46% | Bangkok Post: business

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PTT slashes investment budget by 46%

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The energy conglomerate PTT Plc has cut its budget for new projects by 46% from almost 101 billion baht to 54.6 billion in line with global economic uncertainty. 

Surong: Unconfirmed projects will be cut

Chief finance officer Surong Bulakul said PTT's board recently cautioned the company about global uncertainty that has resulted in the International Monetary Fund cutting its growth projection.

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