Fraser and Neave Acquires Starbucks Thailand

Fraser and Neave (F&N), a Singapore-headquartered conglomerate with interests in food and beverage and real estate, bought the Starbucks Thailand coffee chain which has more than 370 outlets, in May 2019. F&N bought the chain through Coffee Concepts...

CP Group Sets up Joint Automotive Venture with China’s Foton

Thai conglomerate, Charoen Pokphand (CP) Group and China’s Foton Motor Group have created a joint venture (JV) in Thailand, investing THB 500 million (USD 15.87 million) to manufacture pickups, big trucks, buses and passenger cars.  Foton’s will support CP with...

EGAT to Implement New Flexible Power Generation System

The Electricity Generating Authority of Thailand (EGAT), a state-owned enterprise, is looking to develop a flexible power generation system to tackle unstable power generation from renewable Energy sources. With renewable power generation and distribution increasing...