Get all your news in one place.
100's of premium titles.
One app.
Start reading
Bangkok Post
Bangkok Post
Business

DARK SECRETS: Crc splashes out b100bn for strategic expansion | Rare Historical Photos

Mr Yol says CRC plans to invest 100 billion baht over the next five years. Pitsinee Jitpleecheep

Central Retail Corporation (CRC), the SET-listed retail arm of Central Group, plans to splurge 100 billion baht to expand its business during 2022-2026, with an aim to increase its revenue by 2.5 times over last year.

Of the total budget, 70 billion baht is for opening new retail stores and renovating its existing stores, while 30 billion is for technology, IT, software and other efforts, according to Yol Phokasub, the company's chief executive.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.