Reporting and analysis on retail, e-commerce, and consumer trends in Thailand, updated continuously by our newsroom.
Firm expands partnership with Sri Ayudhya Capital to enhance local market presence and accelerate growth in Thailand. Allianz has acquired a 19.21-percent stake in Thailand’s Sri Ayudhya Capital (AUYD) to become its largest shareholder, the German insurer and…
Thai Airways International has recognized the airlines’ long-serving staff with certificates at a ceremony to mark the 59th anniversary. Thai Airways president, Sumeth Damrongchaitham, presided over a ceremony to present certificates and souvenirs to staff…
United Overseas Bank on Monday launched Singapore’s first online utility marketplace by a bank, as part of the Open Electricity Market initiative. United Overseas Bank (UOB)’s utility marketplace will add to an existing array of comparison websites under…
Thai property developer and the operator of Central Phuket shopping centre, CPN, has celebrated a new luxury zone with the launch of a range of world-class brands. The company says the new stores are being introduced in line with “the rapid growth and high…
Innovative startup runs out of cash; suspends Hong Kong and Thai operations. Honestbee is freezing operations in Hong Kong and Thailand and laying off staff as it urgently seeks investment to stave off collapse. According to an in-depth, citing multiple…
The Siam Commercial Bank (SCB), the first commercial bank in Thailand, and Julius Baer, the leading Swiss wealth management group and one of the four largest private banks in Asia, announced on Thursday that their joint venture company, SCB Julius Baer, has…
Bangkok, Thailand will host the 2-day NEXT BLOCK ASIA “Beyond Crypto” by Krypton Events and CoinAdvice on 25-26 June 2019 at the W Hotel. The conference will bring together experts from CRYPTO and BEYOND, combining the best of Blockchain, CFD and Affiliates…
Giordano sales in Greater China plunged by 17.7 per cent during the first quarter, dragging group-wide sales down by 10.8 per cent, or 8.5 per cent on a constant currency basis. In a stock exchange filing on the eve of the holiday weekend the casual apparel…
AirAsia has formalised a deal to become the Brisbane Broncos’ official airline, along with promotions held at every Broncos home game and special discounts for fans. The deal is centred around the launch of the new ‘The Buck Stops Here’ campaign, to celebrate…
Thai Airways is making significant changes to its Royal Orchid Plus frequent flyer program from October 1 2019, affecting how miles are both earned and redeemed on Thai Airways and Star Alliance flights across the globe. On the one hand, business class and…
Nok Air will end flights between Bangkok and Nan from April 18, leaving the province scrambling to convince another airline to take up the service. Nan airport general manager Ruangyuth Nittayanon announced on Thursday the airport had been advised by the…
Tesco Asia like-for-like sales fell 6.2 per cent last year, but the decline eased to 3 per cent in the fourth quarter as restructuring of the Thai business took effect. UK-headquartered grocery retailer Tesco Group included the results of its Tesco Asia…
AirAsia is to launch flights between Bangkok and Ahmedabad, the capital of Gujarat state and India’s first UNESCO World Heritage City. The airline will operate the route four times per week on Mondays, Wednesdays, Fridays and Sundays, from 31 May 2019.…
Global cosmetics company Shiseido and AS Watson, the health & beauty retailer, have collaborated to co-create an exclusive derma skincare range under the “D Program” brand. The new Urban Damage Care range has been successfully launched in Thailand and Taiwan…
The Telecommunications Association of Thailand (TCT), the industry body representing Thailand’s major operators, has argued that the policy will impose excessive costs on telecommunications service providers and may prove to be impractical. The association is…
Japanese hamburger-restaurant chain Mos is selling a 74.3 per cent stake in its Thailand operations to bolster its local presence. The Mos Thailand shares are being acquired by former Thai skincare entrepreneur Pitharn Ongkosit, who will undertake to expand…
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