Reporting and analysis on retail, e-commerce, and consumer trends in Thailand, updated continuously by our newsroom.
The Mall Group, Thailand’s second largest retail group, will spend more than THB2 billion (USD61.3 million) to stimulate consumer spending and boost sales to reach THB53 billion (USD1.63b) this year. Executive vice-president Chamnarn Maytaprechakul said that…
Thailand’s Mall Group will invest more than 2 billion baht ($US61 million) this year to stimulate customer spending. In an interview with the Bangkok Post newspaper, executive VP Chamnarn Maytaprechakul said the company aims to boost sales to 53 billion baht…
MBK Plc, the SET-listed operator of MBK shopping centre in Bangkok, is negotiating with local partners to co-develop a lifestyle shopping complex in Tak province to attract Myanmar shoppers. The 20,000-square-metre project will be used as a prototype to…
Retail, wholesale and hotel operators around Ratchaprasong intersection plan to allocate a combined THB60 billion (USD1.8 million) to make the area an important retail destination in Asean over the next three years.
Thailand’s Mangpong 1989 Plc (MPG) has diversified into the beauty and cosmetics retail chain in a bid to cash in on opportunities from the country’s THB200-billion (USD6.15b) cosmetics market. The company sells and rents home entertainment products. It’s…
Five retail giants have teamed up with a Thai mall operator to offer a cross-border privileges programme for shoppers. Siam Piwat, owner of Siam Paragon, Siam Center, Siam Discovery and Paradise Park, is partnering with South Korea’s Lotte, Hong Kong’s Times…
Thai homewares giant Index Living Mall has signed a Philippines partner as its Asian expansion continues. Index will team up with the Philippines largest retail and mall operator SM Group to run the franchise for the concept for at least five years. Index…
Central Embassy is Bangkok’s latest challenge in the luxury retail sector, not only to older malls like the SiamParagon but also to Singapore and Hong Kong as a retail destination. It is big and spacious with very wide walkways to ensure that it does not get…
Pizza Hut Thailand plans to double its store network within five years. In an exclusive interview with The Nation newspaper, the new GM of Pizza Hut Thailand, Sabina Rizvi, says the company has a five year strategic plan to double its current 97-strong…
Siam Piwat Co. Ltd., the owner of Siam Paragon, Siam Center and Siam Discovery, recently launched the Siam Gift Card, which will provide shoppers a greater shopping convenience and make it easy to send or receive gifts. Mayuree Chaipromprasith, Senior Vice…
The Industry Ministry of Thailand has earmarked THB120 million to support small and medium-sized fashion enterprises wanting to explore opportunities in neighbouring countries next year. Thailand’s fashion cluster, covering apparel, jewellery and leather…
The automotive industry is on a roll, particularly in Thailand, which recorded a 47-month high domestic automobile sales last November. With the economic recovery and increasing purchasing power of consumers, the automobile market have been registering high…
Thai e-commerce operators are urging the government to impose lower rates of taxation in order to encourage them to enter the revenue system and pay proper taxes. Offering lower rates to small and medium-sized enterprises could also encourage them to go…
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