People in Thailand are particularly passionate about football, water sports, trekking, running, road biking and golf. As of 22 October, they’ll have access to a wide range of technically sophisticated products available in Decathlon stores designed to help…
In Asia retail, the humble corner store is an essential ally to fast-moving consumer goods in the battle for market share and customer loyalty, according to a new report from global performance management company, Nielsen. The whitepaper, Maximising…
KTB posted 3Q15 earnings of Bt5.3bn, plunging 42% YoY and 37% QoQ. The result was 11% below our forecast but 4% below the Bloomberg consensus. This was attributable to bigger loan-loss provisioning (LLP) than was modeled. KTB set its 3Q15 LLP of Bt10.5bn…
eCommerce giant Lazada plans a month-long mega sale in six Southeast Asian countries under its now annual promotion ‘Online Revolution’. Lazada, part of Germany’s Rocket Internet group, says more than 10 million products will be offered to 550 million…
“Thailand will be part of the Asean Economic Community [AEC], which comes into effect at the end of this year, with a combined 600-million population forming one big single market, representing 10 per cent of the world’s population. “AEC transformation will…
Thai co-working space Hubba has raised a pre-series A funding round, it announced yesterday. The company got US$350,000 in a round led by US-based venture capital firm 500 Startups. The round was joined by 500 Startups’ Southeast Asian fund 500 Durians and…
Aeon Thailand has resumed its property development program – suspended in 1997 – opening a new shopping centre in Sriracha, Chonburi. The Japanese property developer and retailer has extensive interests across Thailand and has continued to expand its MaxValu…
Famous Bangkok market Saphan Lek is to be destroyed by order of the city’s Metropolitan Administration. According to reports, stallholders have just 15 days to pack up and vacate before authorities force their removal. It alleges the market has caused “water…
The winners of Thailand’s very first Entrepreneur Now Awards (ENA) 2015 are soon to be announced and the judges are now faced with the daunting task of selecting the winners from over 100 nominations. The winners will be announced on November 17th at the ENA…
Commerce minister Apiradi Tantaraporn expressed his satisfaction after going on an inspection of prices of goods at several markets. After the inspection, she said the prices of vegetarian food have not been raised up too high this year, and the public could…
Visa subsidiary CyberSource has sealed a partnership with mobile messaging app Line Thailand, to allow Thai users to make mobile payments using its Line Pay service. CyberSource, one of the world’s largest providers of eCommerce payment management services,…
Siam Paragon yesterday announced it would invest about Bt100 million in its biggest campaign of the year, “Siam Paragon 10th Anniversary: The Prismatic Phenomenon”. There will be two thank-you campaigns: a 10-week promotion with 100 prizes running from…
Aeon (Thailand), the local operator of MaxValu supermarkets and Tanjai minimarts, has resumed its investment with a big retail project after suspending its expansion since 1997. The company will today have the soft opening of Aeon Sriracha shopping centre in…
Financial services technology accelerator Startupbootcamp FinTech and Malaysia’s CIMB Group have announced a partnership that would give startups in the programme access to the region’s markets. In a statement announcing that applications for next year’s…
Vietnamese rice prices rose around 3 percent to an 11-week high following news of a major deal with Indonesia, while prices in Thailand also edged up as the market monitored Indonesian import demand, traders said on Wednesday. Vietnam, the world’s…
Standard Chartered Bank (SCB) has planned to double its business size of retail banking in Bangladesh within next five years, a top executive of the bank said. “We’re working to double our retail banking business size in Bangladesh by 2020,” Sebastian Arcuri,…
Retail Academy: Thailand
Free background guides on how retail works in this market.
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.
Asia Market Guides · 8 min read
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