Siam Makro Plc, the local operator of the Makro cash-and-carry store chain, is conducting a feasibility study for expansion in Asean.
Chief executive Suchada Ithijarukul said the company has already visited some Asean countries to consider if the market is big enough for it to open Makro outlets as well as inexpensive ways to open stores.
"We are still in the early stages of our study. We just want to know whether it's possible," she said.
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