Reporting and analysis on retail, e-commerce, and consumer trends in Thailand, updated continuously by our newsroom.
In a significant move for Thailand’s financial landscape, the Bank of Thailand (BOT) has approved three applicants to launch virtual banks. This recent development heralds a new era of banking innovation as the country shifts towards digitalization. Meet the…
As a way of life, not simply a trade, agriculture can bring families together, with generation after generation passing down physical farms or a fervor for farm life. While Suparatana Bencharongkul’s life began in the telecom business, but it was her father,…
Park Silom, a premium mixed-used complex in the heart of prime Bangkok’s CBD Silom, is a collaboration between Nye Estate, Minor International and Siam Piwat. Synergizing their prestigious expertise, the three forefront developers are driving Park Silom into…
Thai regulator NBTC has been forced to cancel a planned 1800-MHz spectrum auction after none of the market’s three operators registered to participate. Although True Move, Dtac and AIS all picked up the auction documents, none had filed them by the Saturday…
The recent announcement by the National Wage Committee heralds a significant shift for workers in Thailand’s hospitality and entertainment sectors, as reported by Bangkok Post. About 700,000 employees are set to benefit from an impending 7.5% increase in the…
Thailand’s Central Retail Corporation plans to invest $1.1 billion in Vietnam in the next five years to expand its stores network. It said Vietnam’s wholesale and retail sector grew 7 percent year-on-year in the last quarter of 2020, and growth is likely to…
Aesop, the well-known Australian cosmetics brand, has recently expanded its presence in Bangkok by opening its fourth boutique at Central Chidlom. Inspiration & Design This new boutique boasts a unique design, unlike any other. Aesop’s own in-house design…
Phuket’s real estate market is poised for a significant influx of new properties, with approximately 10,000 new flats set to hit the market this year, according to property consultancy Colliers, as highlighted by the South China Morning Post. New project…
Chalerm Yoovidhya, the heir to the Red Bull energy drink empire, has made a significant financial maneuver, transferring his 2% stake in the company—valued at approximately $1.1 billion—to a trust firm based in Geneva. This strategic move, documented in an…
In the bustling streets of Bangkok, a typical taxi ride turned into a drama that has now gone viral. A passenger found himself on the wrong side of a fare dispute when a taxi driver demanded a flat rate of BHT200 (approximately US$6.08), bypassing the meter…
As part of a nationwide initiative to enhance road safety, Thailand has recently increased the penalty for riding motorcycles without helmets to 2,000 baht (US$60). This four-fold increase from the previous fine of 500 baht takes effect from June 1st. The…
Bangkok, the capital city of Thailand, has been recognized as the best location globally for remote work. This ranking comes from a recent study conducted by QR Code Generator, an organization specializing in QR technology solutions. The study assessed…
Thailand has recently reported 65,880 Covid-19 cases and three fatalities within a seven-day period, according to an announcement by Thai Public Health Minister Somsak Thepsuthin. This figure signifies a marked reduction from the country’s annual peak. The…
Emall Vietnam, the distributor for the prestigious Pierre Cardin shoe line, has taken a bold step by acquiring the franchise rights for the brand in Thailand. This strategic move marks a significant milestone in the company’s journey, as it welcomes a Thai…
In a significant policy shift, Bangkok Bank, Thailand’s largest bank by assets, has halted account openings for certain foreign customers without long-term residency. This move is a part of a broader crackdown on fraud that could impact visitors and some…
Thailand’s Ministry of Transport has affirmed that Bangkok’s Suvarnabhumi Airport will remain operational despite threats from traditional taxi drivers planning to stage a blockade in response to the rising popularity of ride-hailing services. Taxi Drivers…
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