Thai discount wholesaler Siam Makro Pcl plans to spend 11 billion baht ($330 million) this year to expand its operations, and open two new Makro stores in Cambodia, 30 in Thailand and three in India, hoping to tap into soaring demand, according to group CEO Suchada Ithijarukul.
The new beef products will not only support the recovery of restaurants and the growing demand for dry-aged beef but will also reinforce Makro’s position as a beef destination with one of the most extensive range of products in Thailand, Makro said.