Despite the uncertain global economic outlook, Thai Beverage (ThaiBev), the Singapore-listed food and beverage company, says it remains committed to spending 5-8 billion baht to expand its businesses next year, mainly in Thailand.
Of the total investment budget, 1.1 billion baht is for food business expansion, 600-800 million baht for spirits business expansion, 300-400 million baht for non-alcoholic drinks, and the remainder for other segments such as digital platforms, logistics infrastructure, health and wellness, and product innovation.
