CP All's Bullish Growth Trajectory To Sustain In 2011

CP All, the largest convenience store chain in Thailand, has reported impressive results for its fiscal fourth quarter, underlining the strength of domestic demand in the country. For 2011, we see higher wages, low unemployment and rising tourism levels as major positives underpinning our bright consumer outlook for Thailand, and CP All's massive domestic scale arguably leaves it in pole position to capitalise on the country's burgeoning retail sales.

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