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CP helps aquaculture

Charoen Pokphand Inc., an agro-industrial company from Thailand, committed to help small aquaculture companies to develop the Pangasius fish culture industry to serve the growing domestic demand for the cream dory-like fish. Pangasius is a freshwater catfish belonging to the Pangasidae family. The Trade Department said in a statement it sought the assistance of a […]

CP Foods seen to stabilize livestock prices

Charoen Pokphand Food Philippines Corp., a wholly-owned unit of agro-industrial giant Charoen Pokphand Group of Thailand, will produce an estimated P1.5 billion in net benefits to the economy yearly, the Board of Investments said Friday. Trade Undersecretary and BoI director Adrian Cristobal Jr. said CP’s projects would help stabilize the supply of livestock in the […]

UPDATE 1-Thai CP All plans 7-Eleven expansion, eyes China licence

* To spend up to $218 mln on new stores, warehouse * Plans to seek licence for China later this year * Will apply to open outlets in Myanmar, Laos, Cambodia * Shares down, but outperforms over past 12 months (Adds details) By Saranya Suksomkij BANGKOK, Jan 30 (Reuters) – CP All, Thailand’s largest convenience […]

HSBC sells Ping’an stakes to CP Group

The Thailand-based Charoen Pokphand Group (CP Group) has bought HSBC’s shares in Ping’an Insurance Co., replacing the latter as the insurer’s largest stock holder. The China Insurance Regulatory Commission on Friday gave the go ahead for CP Group to buy all of HSBC’s stakes in Ping’an, or 15.57 percent of stock in the country’s second-largest […]

BoI, DA to address controversial granting of incentives to Thai firm

The Department of Agriculture and the Board of Investments will meet with stakeholders from the local poultry, hog, and feeds industry this week to discuss the BoI’s granting of incentives to Thai firm Charoen Pokphand Foods Philippines Corp. The move has been criticized by local hog and poultry raisers and feed producers as being detrimental […]

CP Prima to build new aquafeed plant

As one of the largest aquafeed producers in Indonesia, Central Proteinaprima (known by the abbreviation of CP Prima) a company of Charoen Pokphand Group continues to expand. Not long ago in Jakarta, president director of CP Prima, Mahar Sembiring Atanta revealed that the company is building a new aquafeed plant in Lampung province. “The construction […]

CPF to focus on Vietnam’s middle class

CP Vietnam Corporation, a unit of the SET-listed Charoen Pokphand Foods Plc (CPF), will beef up expansion into food processing from live animals to cater to demand from that country’s growing middle class. “In the foreseeable future, the group’s business here will focus more on food processing and ready-to-eat food, while brands and marketing will […]