Word: kitty
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Against the advice of more experienced colleagues who said Asians wouldn't eat bread or cheese, Heinecke opened the first Pizza Hut in Asia in 1980 in the beach resort of Pattaya, southeast of Bangkok. "It was a daring move," says Kitti Naktisuwan, an analyst with ABN AMRO Asia Securities. It was also the right move at the right time. Thais flocked to sample such customized wares as tom yum (spicy soup) pizza, and Heinecke, who became a Thai citizen in 1991, now has 116 stores taking about 95% of the country's $50 million-a-year pizza market...