Thailand's Central Group earmarks $663m for overseas investment

Thailand's Central Group earmarks $663m for overseas investment

Image from Central Pattana's website

Thailand’s top retailer Central Group said on Monday it plans to invest over 20 billion baht ($663.13 million) in Vienna, Osaka and Turin, capitalising on a strong local currency.

The investment plans can be partly attributed to the strong baht <THB=TH>, which has strengthened against most major currencies, the company said.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter