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Thai fast-food chains set to raise prices as costs increase.

Bangkok Post (Bangkok, Thailand)

| August 06, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Sujintana Hemtasilpa

Aug. 6--Local fast-food restaurants, including Pizza Hut and KFC, are poised to raise prices in response to higher production costs, including fuel.

Panithan Sethabutra, managing director of Yum Restaurants International (Thailand) Co, the operator of the Pizza Hut and KFC chains, said quick-service restaurant chains are feeling the pinch from soaring oil prices, and some have already responded by lifting the prices of certain menu items by as much as 5 percent or 10 percent.

Yum, along with other major restaurant chain operators, was asked by the Internal Trade Department not to raise prices until the end of ...

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Source: HighBeam Research, Thai fast-food chains set to raise prices as costs increase.

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