Thai food, hotel firm Minor plans $1.3 billion on expansion and acquisitions
date:Jan 09, 2013
, is expected to post net profit of 3.1 billion baht for 2012, up from 2.88 billion in 2011, according to Thomson Reuters I/B/E/S.

Minor, founded by U.S.-born entrepreneur William Heinecke, who was ranked 24 on the Forbes list of Thailand's richest people in 2012, has been helped by greater numbers of tourists visiting Thailand in the past year, and its restaurant business has also taken advantage of robust domestic consumption.

Thailand's tourist arrivals are expected to hit a record 21.5 mil
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