Thai Beverage Plc (ThaiBev) is confident enough in the country’s restaurant market to spend more than 400 million baht to expand its food business this year. Nongnuch Buranasetkul, the company’s senior vice-president, said the entire outlay is to open 40 restaurants this year, up from 24 eateries opened last year. Of the total budget, 250 million baht is allocated for the Oishi brand, with the remainder used for the expansion of KFC under QSR Asia, one of the operators of KFC in Thailand, and Food of Asia, the operator of So asean Cafe & Restaurant, Man Fu Yuan Kitchen, MX cakes & bakery, Cafe…

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