Performance ratings continue to determine pay decisions in the majority of Thai organisations, a recent Aon Hewitt survey found. With high turnover rates highest among junior managers and supervisors in the Land of Smiles, there is growing pressure on these…
In August this year, Thailand’s e-commerce enterprise Ascend Group has finished migrating its existing businesses as well as new ventures to the cloud, a move that is expected to support its ambitious regional expansion plans. The Ascend Group owns and…
Siam Retail Development plans to open 10 shopping malls and mixed-used projects in Bangkok and upcountry Thailand at an expected investment cost of Bt50 billion (US$1.3 billion) over the next five years. In Bangkok, the group has developed Fashion Island…
Suripong Tantiyanon (left), Visa Country Manager, Thailand and Noppadon Pakprot (right), Deputy Governor for Tourism Product and Business, Tourism Authority of Thailand (TAT), launch Thailand Spectacular Year End 2016, aiming to boost inbound tourist spending…
Waraporn Nilpanich (third left), Vice President Credit Card of AEON Thana Sinsap (Thailand) Public Company Limited, together with Voralak Tulaphorn (middle), Senior Vice President Marketing of The Mall Group Co., Ltd. has launched “The Magic of Giving”…
Thailand is clamping down on counterfeit branded goods with plans for a campaign to target tourists. The Thai Commerce Ministry is seeking the support of foreign embassies as it launches its “Stop Fake Goods” campaign, aimed at travellers. Meantime, the…
Siam Piwat, the owner and operator of Siam Paragon, Siam Center and Siam Discovery, invested over 30 million baht in the greatest year-end marketing campaign, which integrates the customer-centric strategy. Interpreting the festive season as the time when…
Chinese international restaurant brand Element Fresh plans to grant development rights to franchisees across Asia, with an initial focus on Hong Kong, Japan, Thailand and Singapore. Founded in 2002, the group has nearly 40 restaurants in China, mainly in…
Titan Company Limited, the world’s fifth largest watchmaker and part of the Indian conglomerate giant TATA Group, is releasing a limited edition timepiece in Thailand created especially for the Thai market. Titan selected its Red Dot award-winning EDGE, the…
Thai bank CIMB says it will open between 20 and 30 sub-branches inside 7-Eleven convenience stores within the next 12 months. The CIMB 7-Eleven branches are aimed at providing extra accessibility to bank services by co-locating in areas where a full-scale…
Lazada Group’s Online Revolution, also known as 12.12, has again proven to be the biggest online shopping event in Southeast Asia, ringing up US$40.5 million in sales. About 60 per cent of the gross merchandise value (GMV) of the December 12 event came from…
Demand for innovative payment solutions is on the rise in Thailand, according to global payments technology company Visa, as the value of transactions made by Thai cardholders continues its high-growth trajectory. Total payment volume for all Visa cards rose…
Thai mobile market leader AIS plans to invest at least 40 billion baht ($1.12 billion) to expand its 4G network to improve take-up and performance. AIS has been spending heavily to deploy its 4G network and now expects to achieve 98% population coverage by…
Thailand’s Greyhound Cafe has opened its 13th international outlet, marking its debut in Singapore. It has 14 cafes in Bangkok plus outlets in Beijing, Hong Kong, Kuala Lumpur and Shanghai. For Greyhound, the cafe was actually an afterthought to complement to…
Control of the Foodpanda business has been sold by parent Rocket Internet, including the remaining Asian operations. German-based online food-ordering service Delivery Hero Holding, which is active in 33 countries, has acquired Rocket Internet-backed Emerging…
Having established a dominant position in China, ecommerce giant Alibaba is setting its sights on expanding in Southeast Asia. Last week the Chinese firm inked a deal with the Thai government to speed the development of the country’s ecommerce sector. The…
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.
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