We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
ACCEPT Reject
Already have an account? Sign in.

 Remember Me | Forgot Your Password?
Home Manage Alerts Archive Archive About Us Register Now   Not a User? Join now

Thai Beverage Plans $32M Expansion

October 14, 2020: 12:00 AM EST
The Singapore-listed food and beverage company is expanding its food business in the domestic market by spending $32 million to upgrade efficiency and productivity and to introduce the company's food brands to a wider base of customers. The new investment is mostly to open 40-50 new restaurants this year, compared with 29 stores in the previous fiscal year. In addition to new stores, the company plans to develop new digital technology for innovative offerings to improve the customer experience. According to a market researcher, Thailand's overall food business is estimated at $12.5 million in 2020, a rise of 9.7-10.6 percent from 2019. 
Pitsinee Jitpleecheep, "Thai Beverage begins B1bn expansion", Bangkok Post , October 14, 2020, © Bangkok Post Public Company Limited
Domains
FOOD BUSINESS NEWS
News
Companies
New Products
Operations
Geographies
Worldwide
Asia-Pacific
Singapore
Thailand
Categories
Companies
Companies, Organizations
Market News
Products & Brands
ThaiBev
Home | Privacy Policy | Terms and Conditions | Contact Us Copyright © 2000-2024 Business360 Inc. All Rights Reserved
Developed by Yuri Ingultsov Software Lab.