Archive | Company News

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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Pruksa slashes targets for 2011

Leading property firm Pruksa has lowered its revenue target for this year by Bt7-Bt8 billion from Bt30 billion, taking into account the negative impact of the floods in the current fourth quarter. The company’s presales target has also been dropped to Bt30 billion from Bt42 billion, Pruksa president and chief executive officer Thongma Vijitpongpun told […]

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Jay Mart dialling up growth in three markets

Jay Mart Plc was established on Dec 27, 1988 with registered capital of 2 million baht, initially selling electrical appliances on installment payments. It later entered the wholesale market for TV sets, VCRs and air-conditioners. Today Jay Mart is best known for its retail and wholesale business for mobile phones and accessories under all major […]

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Floods cost ThaiBev billions

Floods have cost Thai Beverage Plc (ThaiBev), the country’s leading beer and spirits maker, several billion baht, the biggest financial loss for whisky billionaire Charoen Sirivadhanabhakdi in more than a decade. The damage comes from three areas: tangible assets, loss of business continuity and loss of new business opportunities both at home and abroad. Five […]

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Leading retailers ensure supplies through distribution alternatives

Major retailers have adjusted their logistics and distribution strategies to ensure their stores do not run out of essential commodities during the flood crisis. Suwit Kingkaew, senior vice president of CP All, operator of 7-Eleven convenience stores, said the company had temporarily opened about 100 small distribution centres in shophouses throughout metropolitan Bangkok. It has […]

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