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Archive | Food & Agriculture

Thailand’s rice production to return to historical levels

Thailand’s rice production is expected to return to historical levels in 2017-18, reaching 19.5 million tonnes, according to a report from the U.S. Department of Agriculture’s Foreign Agricultural Service (FAS). That total is 5% higher than production in 2016-17, which was hindered by critically low reservoir levels. Planted acreage is likely to increase 3%, especially […]

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Betagro aims for market leadership

Betagro Group has set itself an aggressive goal to become the pork-export leader through its five-year business plan to achieve an integrated breeding cycle including 140,000 great-grandparent pigs (GGP). These high-quality GGP stocks will allow the group to breed high-quality swine through grandparent (GP) and parent stock (PS). Part of the group’s Bt3-billion annual investment […]

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Yum spices up its investment menu

Yum Restaurants International (Thailand) Co, the local operator of KFC and Pizza Hut, plans to increase its investment budget by 30% to one billion baht next year to accommodate domestic expansion. Managing director Milind Pant said part of the budget will be used to convert existing stores to the new global design standard that already […]

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McDonald’s cooks up plan B

McThai Co, the local operator of McDonald’s fast-food restaurant chain, set a contingency plan to reduce operational risks during the massive floods. CEO Hester Chew said it recently opened its emergency warehouses and distribution centres for frozen and dry goods on Rama II Road (Bangkok), the motorway in Chon Buri and in Chiang Mai to […]

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Central to open Yoshinoya

After withdrawing from the Thai market for over a decade, the 112-year-old Japanese rice bowl restaurant Yoshinoya is making a comeback through a partnership with Central Restaurant Group (CRG). Sucheep Tamacheepjaroen, CRG’s senior vice-president for operations, said it received the right from Yoshinoya International Co to run the Yoshinoya chain in Thailand for 10 years. […]

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Oishi Group TRIS Rating at A-

TRIS Rating assigns the company rating of Oishi Group PLC (OISHI)   at “A-“. The rating reflects the leading position of OISHI in the Thai   ready-to-drink (RTD) tea market, a well-recognized brand, and a healthy   balance sheet. The rating also takes into consideration the support from OISHI’s parent company, Thai Beverage PLC (ThaiBev), on an extensive […]

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