Reporting and analysis on retail, e-commerce, and consumer trends in Thailand, updated continuously by our newsroom.
It’s a little hard to believe, but, four years ago, sim cards in Myanmar used to cost around US$500. If that price is considered exorbitant for even a first world nation, think about how out-of-reach it would be for the working class Burmese, whose minimum…
As mobile payments continue their race into the mainstream, land grab expansion seems to have become the name of the game. Summed up in a single word, the theme of the week in mobile was “more” for many of the major mobile movers — more territory, more…
Home-grown jeweller Soo Kee Group is setting up a joint venture in Thailand. The collaboration is with leading Thai jeweller Aurora Design and will be set up with an initial paid-up capital of 30 million baht (S$1.2 million). Soo Kee will hold a 40 per cent…
Similar to Android Pay from Google and Apple Pay from Apple, Samsung Pay works like other mobile payment platform by using NFC. Samsung Pay, which was made to build brand loyalty from consumers allows users to pay for things online with their smartphone or…
Chinese outbound travel tilted in favour of destinations in Japan and Thailand in the 12 months to October 2016, according to CiR Business Lounge – creating more sales opportunities for duty-free and travel retailers in key airport locations in these markets.…
Kiyoyasu Asanuma (left), Managing Director of AEON Thana Sinsap (Thailand) Public Company Limited together with Teerapol Chotichanapibal, Executive Vice-President Commercial of Thai Airways International Public Company Limited joined the recent launch of…
Hooters of Singapore – Marina Bay has opened in Marina Boulevard, led by franchisee Destination Properties Group. Covering 2336 sqft (217 sqm) and close to Marina Bay Sands and Marina Bay Financial Center, the restaurant features more than 22 large-screen…
Kasikornbank (KBank), one of the largest banks in Thailand, officially unveiled its first branch in Phnom Penh with the aim of offering financial services to local businesses as well as corporate and retail customers. KBank entered the Cambodian financial…
According to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA), Thailand has invested US$7.7 billion in 440 projects in Viet Nam to become the country’s tenth largest investor. Amata industrial zone in Dong Nai Province, where Thailand…
Singapore fashion and lifestyle platform iFashion Group has acquired independent designer brands marketplace Megafash in a S$3.15 million (US$2.23 million) cash-and-shares deal. This follows iFashion’s purchase of lifestyle and fashion brands Dressabelle and…
Decide is a state-of-the-art trading platform provided as a service and co-located at the SET Data Centre, which supports retail and institutional trading on both the Stock Exchange of Thailand and Thailand Futures Exchange. SCB Securities chief executive…
SK Telecom has teamed up with Thai state-owned operator CAT Telecom for a project to deploy a LoRa-based IoT network and services in Thailand. Under the agreement, the operators plan to deploy a LoRa-based IoT pilot network in Bangkok and Phuket and launch…
Thailand’s low-cost airlines are increasing fares on domestic routes in a respond to a massive increase in excise tax on jet fuel that came into effect last week. The government increased the fuel tax on all domestic flights from 20 satang to THB4 per litre,…
A joint venture agreement between them was signed during a Myanmar-Thailand cooperation mission presided over by Myanmar State Counsellor Aung San Suu Kyi and Deputy Prime Minister of Thailand Dr Somkid Jatusripitak in Nay Pyi Taw yesterday. The joint venture…
It appears that the production of BMW plug-in hybrid models in the region is set to increase, with BMW Group Manufacturing Thailand set to invest 1 billion baht (RM126.2 million) in the production of petrol-electric vehicles at its plant in the Amata City…
Thailand can expect a slew of shopping mall openings in 2017, according to retail experts, as more international fashion brands and retailers look to take advantage of the evident mall culture in the Southeast Asian market. Japanese bank and consulting group…
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