Reporting and analysis on retail, e-commerce, and consumer trends in Thailand, updated continuously by our newsroom.
NPLs in the property sector are expected to surge by 22 basis points to 4 per cent, while loan demand from this sector is expected to grow by only 3.8 per cent, down by 5.2 percentage points year on year because the property supply is becoming mature.…
Mrs. Chadatip Chutrakul, a director of ICONSIAM, the owner of ICONSIAM – the iconic landmark of Thailand’s prosperity by the Chao Phraya River, today, held an event to present a detailed look at a city of the future and unveiled the era’s most glamorous…
WearYouWant, Thailand’s leading online fashion and beauty marketplace has created a five-step guide to smart shopping online for Thai consumers, with useful information on how to shop safely through reputable e-commerce sites. WearYouWant Co-Founder and CEO,…
Starbucks baristas from across Asia took part in the first Regional Barista Championships in Hong Kong. The contest, held before more than 600 spectators, drew 2000 entries from markets including China, Thailand, Hong Kong, Malaysia, Japan and Indonesia…
Thailand’s Berli Jucker shareholders have voted in favor of a $6.2 billion acquisition of hypermarket operator Big C Supercenter Pcl (BIGC.BK) from France’s Casino Group. Some 99.99 percent of voters approved the plan at Monday’s meeting, two financial…
Major department store operator Robinson said it was turning its focus to online sales and enhancing in-store services — offering anything from ear-piercing to eye tests — rather than opening new stores this year as the economy remained sluggish. President…
Member countries of ASEAN will celebrate the groupings 50th Anniversary in 2017 by holding a joint tourism programme under the theme “Visit ASEAN@50: Golden Celebration” with the objective of embracing ASEAN as a single and united tourism destination. “Visit…
Nattakit Tangpoonsinthana, executive vice president of marketing, said yesterday that while urbanisation has driven the retail industry in recent years with the growth of shopping malls in the provinces, the new retail landscape is being reshaped by the…
Thailand’s Robinson Department Store PCL said on Tuesday it aimed to invest about 16.8 billion baht ($479 million) over the next five years on opening new stores in a move to boost average sales growth by 5-7 percent a year. Speaking at a news conference,…
Thai tourists are now in the sights of Japanese department stores after their success in luring Chinese during Lunar New Year. Such companies as Isetan Mitsukoshi Holdings and J.Front Retailing, which run the Daimaru and Matsuzakaya department stores, are…
De Beers Group of Companies has launched its diamond brand Forevermark in Asia – with new partners in South Korea and Thailand. It is now available in more than 1700 outlets in 38 consumer markets. In South Korea, Forevermark Asia launched with licensee…
According to the agency, there are about 200 Thai projects in such industries, with combined investment of US$7 billion or 88 per cent of Thailand’s total investment in Vietnam. These sectors are followed by agriculture, forestry and seafood sectors, which…
Eric Mark Levine, the founder of California Fitness clubs worldwide and the Thai chain California Wow Xperience has filed a US$2.8 million defamation lawsuit through his legal representative at Bangkok Criminal Court. Levine has filed suit against Thailand’s…
More McDonald’s Thailand restaurants are in the pipeline under a plan by national franchise-holder McThai aimed at almost doubling sales by 2020. At least 5 billion baht (US$140.8 million) will be spent to nearly double the number of outlets over the next…
Vietnam is on the radar for Hong Kong clothing retailer Giordano International, both as a market and supplier. With its steady growth in the emerging market, the company is planning to establish a legal entity Giordano Vietnam. It is also eyeing the country…
Hotel Shilla has described Phuket as an eventual “crown jewel” of Thai travel-retail after confirming it is to open its first overseas downtown duty-free shop on the island with a local partner in the second half of the year. While the exact size of the store…
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A mature, highly organised retail market where a handful of groups control the best space, tourism moves the numbers, and convenience density is world-class.
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