May 17, 2019
Thai Union Group is exploring new markets to invest in for its seafood business. While the US, Europe and Japan remain the three major export markets, the company aims to widen its reach to China and Laos, said Rittirong Boonmechote, President of global frozen and related units. “Competition is high in developed and high purchasing-power countries, while emerging markets are growing and have high potential,” he said. More investments in Thailand and Asia will help increase profits and return on investments, he said.