Government tackles slump in shrimp sales
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published : 27 Dec 2020 at 04:00
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The government is reversing a Covid 19-driven slump in sales of farmed shrimp by cutting out a central distribution market, according to the Commerce Ministry.
Farmed shrimps have been shunned by consumers following the outbreak of Covid-19 at the central shrimp market in Samut Sakhon last week. Many consumers have associated shrimp distribution markets with the virus outbreak and have declined to purchase shrimps, causing demand to plummet in recent days.
The Department of Internal Trade (DIT) will arrange to have modern trade stores and members of the Thai Restaurant Association (TRA) buy the shrimps directly from the farms.
ผู้เชี่ยวชาญกรมประมงชี้คนไทยกินกุ้งได้ เพียงต้องทำให้สุก
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รมว พาณิชย์ ยันกินกุ้งปลอดภัย เร่งช่วยกระจายสินค้าในประเทศและส่งออกไปลาว
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A banner year for M&A deals
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Despite the pandemic, there were many large merger and acquisition agreements
published : 25 Dec 2020 at 07:00
1 A woman pushes a shopping cart in front of a Tesco Lotus store in Bangkok. CP Group s acquisition of the hypermarket chain was one of the largest deals this year. (Photo by Wisit Tham-ngern)
Merger and acquisition (M&A) activity looked strong at the beginning of 2020 with numerous transactions, including the acquisition of the Ninth Towers office building and Unilever House office building projects (US$186 million and $50.4 million, respectively) by CPN Retail Growth Leasehold REIT.
In the first quarter of 2020, according to international consulting firm KPMG, the real estate, infrastructure and construction sectors contributed 83.5% of the $1.36 billion M&A transaction value.