Reporting and analysis on retail, e-commerce, and consumer trends in Thailand, updated continuously by our newsroom.
Centara Hotels & Resorts, Thailand’s leading hotel operator, is marking its 36th anniversary milestone with a 36-day worldwide customer-focused celebration tied to the company’s 1983 founding. On this occasion, it also marks the 36th anniversary of Centara…
The Boots chain of health & beauty stores is looking to cull as many as 200 outlets in its home UK market as its US parent embarks on a strategic review. Walgreens Boots Alliance (WBA) says the Boots business saw profits fall 20 percent to £398 million for…
Thai coffee chain Cafe Amazon has opened its first outlets in Singapore. One store is located at Jewel Changi, the other at Jurong Point shopping center. An opening ceremony was held at Cafe Amazon Jewel Changi, which marked the 2750th branch of the…
Berli Jucker, the operator of Thailand’s Big C retail stores, has reported revenue of THB30.9 billion (US$979 million) in the first quarter, gaining THB1.6 billion (US$50.5 million) over the same period last year. Network expansion was the main driver of the…
Digital remittance company InstaReM has partnered Thai banking group Kasikornbank in an agreement that would see the Singapore startup power cross-border payments for the bank’s clients in select markets, it announced in a press release on Thursday. This…
Yum China looks to expand Asian footprint for hot-pot restaurant brand. Quick-service restaurant firm Yum China Holdings is seeking entry into the Thai hotpot market, reportedly worth THB5 billion (US$156.7 million). The company is seeking a local partner to…
Another Bangkok riverside mall is in the early stages of planning after the Port Authority of Thailand (PAT) said it will develop Klong Toey land it no longer needs. The land is located at the Klong Toey port, not far from Bangkok’s CBD where the authority…
Hong Kong operator to partner with local investor, almost doubling its store network overnight. Dairy Farm subsidiary Maxim’s is about to add Thailand to the list of markets it operates Starbucks cafes. Maxim’s has partnered with a local subsidiary of…
Indonesian e-commerce platform BukaGlobal has launched in Singapore, Malaysia, Brunei, Hong Kong and Taiwan. Developed by Bukalapak, the platform will connect 4 million Indonesian sellers to the global market. At the moment, products sold on the site include…
Thai satellite operator Thaicom aims to carve out a new revenue stream by offering satellite backhaul capacity to the nation’s operators for their upcoming 5G networks. Thaicom chief commercial officer Patompob Suwansiri said that satellite will be critical…
Thailand’s National Broadcasting and Telecommunications Commission has finalized the proposed terms of next month’s 700-MHz auction, and has briefed the prime minister on the progress with the sale. The regulator plans to commence the sale of three slots of…
Other direct flights served by AirAsia from Thailand to Indonesia are Jakarta-Bangkok, Medan-Bangkok and Denpasar-Bangkok. Low-cost carrier AirAsia is set to open a new direct route from Jakarta to Phuket in Thailand starting July 2.According to a statement,…
Singapore-based online food store Grain has raised US$10 million in series B funding. The cash will be used to accelerate growth in Singapore, and expand into Thailand. To do that, the company will be cooperating with Thailand’s Boonrawd Brewery group’s…
Revenue for the quarter ended 31 March was flat at Bt11.6 billion, but expenses rose 10% to Bt10.5 billion. Net profit fell 50% to Bt497million. The company says that fuel costs rose during the quarter, as did airport and MRO costs. Despite this, the…
Singapore’s BreadTalk Group has reported a year-on-year revenue increase of 6.1 percent to S$157.6 million (US$115.56 million) for its first financial quarter this year. The group’s net profit increased by 11.5 percent to $1.3 million over the period. Sales…
Three Southeast Asian countries are on Japanese department store operator’s radar. Takashimaya says it is evaluating opportunities to open department stores in the Philippines, Malaysia and Indonesia. However, in an interview, Takashimaya’s president Yoshio…
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