Embattled Tesco achieved a record market share in Thailand in the latest quarter – as Asia shined in a mixed set of financials. Analysts appeared in agreement that the UK’s largest supermarket operator delivered patchy results overnight, despite the solid…
Thailand’s total domestic car sales are expected at 720,000 in 2016, down 10 percent from 2015, Toyota Motor Corp’s Thai unit said on Thursday. Toyota, which commands about a third of the Thai market, sees a 9.8 percent fall from 2015 in its annual automotive…
Big C was at the centre of the previous shake-up when it bought the Thai arm of Carrefour, another French retailer, in 2011. Carrefour Thailand’s network of 42 stores helped make Big C the No 2 player in the hypermarket segment, second only to Tesco Lotus.…
Thailand’s largest retail conglomerate Central Group is keen to bid for Casino Group’s Thai and Vietnam operations, a company executive said. Casino owns 58.6% of Big C Supercenter Plc, which has a total a market value of $5.5 billion. Casino said last week…
The Commerce Ministry’s Business Development Department will this year expand its investigation into the use of Thai nationals as nominees for foreign-controlled companies in nine provinces where it suspects the illegal practice is widespread. This year,…
Sixteen people, mainly children, were injured when a tent at an outdoor event crashed down on them at a Bangkok shopping mall on Saturday. Strong winds are blamed for the tent collapsing at Siam Paragon shopping mall, according to acting police chief Lt. Gen.…
Thailand luxury goods import duties may be cut in a move to make the nation a more attractive shopping destination for foreigners, a direct challenge to Singapore. Such a move would put Bangkok, already a fast-growing regional retail destination, in direct…
Thailand import duties may be cut in a move to make the nation a more attractive shopping destination for foreigners. The Thailand Customs Department is mulling a reduction of import duties on luxury items like clothing and accessories. While Thai retail…
Aeon expects its planned Bangkok mega shopping complex will compete with Siam Paragon, CentralWorld and The Emporium, says managing director Masamitsu Ikuta. Aeon (Thailand) is set to compete head on with Central Group and The Mall Group, vowing to develop…
The government should continue endorsing tax breaks for consumers and open more duty-free shops to attract foreign tourists and boost the retail business, according to the Thai Retailers Association (TRA). “The tax measure endorsed for the last seven days of…
In an interview with regional media, he said Thailand should benefit from joining both trade blocs as the RCEP’s centre points are China, Japan and India, while the TPP is spearheaded by the US and Japan, with Thailand’s automotive industry among the…
The German dating app Spotted is out to woo Southeast Asian users. Dating apps have become relatively widespread in Indonesia, with Germany’s Spotted merely the latest aiming to carve out a piece of the pie. Having entered Indonesia in October 2015, Spotted…
One in three millennials in Asia are eating at fine dining restaurants at least once a month – more often than those aged over 30. The surprise finding is one of a list of revelations uncovered by a MasterCard survey of Asian dining trends away from home. It…
Deputy Prime Minister YongyutnYuthawong reported on Wednesday that cabinet approved the tobacco draft act which will prohibit the sale of cigarettes to those under 20 years of age and raises the level of punishment for offenders. Deputy Prime Minister…
Isetan Thailand has converted its fifth floor into a food concept called Washoku Gallery, which opens today (December 18). Washoku Gallery will, in keeping with the department store’s heritage, feature food products imported from Japan. Japanese food and…
True Money Myanmar, a financial service by Thailand’s Charoen Pokphand Group, will be test-piloting its money transfer service from January 2016 in partnership with local Asia Green Development Bank. The firm is currently working in Myanmar as a mobile top-up…
Retail Academy: Thailand
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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.
Who the landlords are, how leases are structured, what drives rent, and how to choose a location in Thailand.
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