Retail in Asia

In Sectors

Thailand’s Minor to invest USD645.16m to expand its hotel and QSR business

Minor International Plc (MINT) is undertaking a THB20-billion (USD645.16 million) investment programme to expand its hotel and quick-service restaurant businesses.

The Thai company hopes to nearly double its revenue to THB50 billion over the next five years.

Chaiyapat Paitoon, MINT’s vice-president for strategic planning, said over half the five-year budget will be committed to the hotel business.

(Source: Bangkok Post)