PTT eyes business expansion with Thai brand ‘Café Amazon’

Jun 1st at 08:10
01-06-2017 08:10:41+07:00

PTT eyes business expansion with Thai brand ‘Café Amazon’

PTT Public Company Limited (PTT) has signed a document to grant the master franchise rights of Café Amazon to PTT Lao as it plans to expand its Thai brand in the region.

Currently a total of 38 Café Amazons are operating in Laos under PTT Lao with a target set at 75 branches over the next few years.
Senior Executive Vice President of PTT Public Company Limited MrAuttapolRerkpiboon told media after signing the document to granting franchising rights to PTT Lao in Vientiane this week that Laos is the second Asean country after the successful granting of franchising rights in Cambodia.
“By granting rights of a master franchise of Café Amazon to PTT Lao we aren’t only creating an opportunity to expand our businesses in the region but it will also promote job creation for Lao people as well,” MrAuttapol said.
PTT has an aim to become a regional top brand in Indochina by introducing Café Amazon to a new market in Southeast Asia along with its PTT petroleum products.
Meanwhile the PTT Downstream Petroleum Business Group Chief Operating Officer MrSarunRungkasiri also said that PTT has plans to grant rights of a master franchise of Café Amazon to PTT Myanmar, Philippines, Japan and Oman as well.
“We are looking forward to providing jobs for Lao people as well as contributing to the economic growth of our neighbours with products and services of international standards and reasonable prices,” he said.
MrSarun added that this is one of the initiatives for PTT to promote the recognition of Thai brand ‘Café Amazon’ aiming to become a global brand.
In Laos, many local brands of instant coffee products are locally and regionally recognised such as Sinouk and Dao coffees, however more promotion is needed to be done in a bid to enlarge market shares with other regional brands.

vientiane times



NEWS SAME CATEGORY

Asean needs to liberalise its market

Although Asean has seen some progress in its economic integration, the 10 nations still rely considerably on capital from countries outside the bloc to boost...

SMEs operators, civil servants swot up on capital market access

More than 200 government employees and small and medium enterprise (SMEs) operators discussed opportunities and challenges to capital market access in Asean...

Issuance of Direct sales licenses temporarily stopped

The Ministry of Industry and Commerce has issued a notification to temporarily cease the issuance licenses for direct sale businesses across the country after...

TohLao opens space for startups

The TohLao Coworking Space has officially launched its new office under the brand “Toh X” which is looking to drive the country’s startup business growth.

Laos based Businessman receives Award at Asean-India Biztech Expo and Conference 2017

This year to commemorate the 25th Anniversary of Asean-India Dialogue Relations, Asean India Business Council (AIBC) in collaboration with the Federation of the...

Korean business operators seek trade partners in Laos

Company representatives from the Republic of Korea have met with Lao buyers to introduce new products and seek potential trade partners in Laos.

Laos faces significant challenges to benefit from AEC

Although the Asean Economic Community (AEC) has resulted in increased economic activity between Laos and other regional bloc countries the nation still faces...

Phongsavanh Group, Singapore businesses seek partnership

Singapore firms and local Phongsavanh Group are seeking potential business cooperation between two sides.

Inflation rate declines in April

The rate of inflation in Laos dropped in April compared to March despite stronger demand in food and drink categories and for transportation.

Laos, Thailand set to enhance trade, investment cooperation

 The Lao National Chamber of Commerce and Industry, the Thai Chamber of Commerce and the Federation of Thai Industries have agreed to expand their cooperation on...


MOST READ


Back To Top