PPT Oil to expand Amazon Cafe branches in Asia

PTT Oil and Retail Business Plc (PTTOR), the oil retail and non-oil business unit of PTT Plc, is gearing up to expand Cafe Amazon branches and lubricant products overseas to increase higher-margin businesses.

The company has a presence in Cambodia, Laos, Myanmar and the Philippines, operating 223 Cafe Amazons and 225 petrol stations Mr Wisarn said it will only focus on Cafe Amazon branches in Malaysia, Singapore and Vietnam because the three countries do not allow foreign investment in petrol stations.

"The cafes will be stand-alone branches in company-owned company-operated [COCO] and franchise forms," he said. For Malaysia, Mr Wisarn said PTTOR is in talks with local companies to join Cafe Amazon...