In a first for the Asean region, Thai operators AIS and Dtac have teamed up to facilitate cross-network VoLTE calls. The operators enabled AIS-Dtac VoLTE calls last week and plans to implement cross-network 4G video calls from Tuesday. Cross-network VoLTE…
Financial Services Authority (OJK) Chairman Muliaman D. Hadad said that the OJK is in the process of exploring the possibilities of expanding Indonesian banking industry overseas. “The most possible [cooperation] is with Thailand, because there have been two…
Asian cities dominate the latest retail destination rankings, with the Middle East taking most of the remaining spots. According to the latest edition of JLL’s Destination Retail report, which ranks markets for retailer expansion around the world, Asia is…
TrueMoney, a subsidiary of Ascend Group, announces the launch of TrueMoney Myanmar and the launch of its fund transfer solution, TrueMoney Transfer. TrueMoney Myanmar aims to be a leading financial service provider, offering bill payment, mobile topup,…
The little tokens and even plastic smart cards now used in the mass transit systems will soon be outdated once the media business unit of BTS Group Holdings introduces new services that will enable skytrain fares to be paid with a smartphone. By the first…
Tokyo-based craft products retailer DigitalStudio has launched Discovery Japan Mall, a cross-border eCommerce venture. Specialising in Japanese brands, the mall’s initial catalogue includes mainly toys, fishing gear, cosmetics, food, watches and fashion.…
Internet Initiative Japan and Thai data center and IT infrastructure provider TCC Technology (TCCT) have jointly launched a new cloud service in Thailand named Leap GIO Cloud. The new service is being operated by Leap Solutions Asia (LSA), a joint venture…
Seafood producer Thai Union has made a US$575 million strategic investment in US seafood restaurant company Red Lobster. Golden Gate Capital retains its majority shareholding in Red Lobster. Thai Union is regarded as the world’s largest producer of…
Three major mobile operators in Thailand including AIS, DTAC and TRUE have announced will begin selling the iPhone 7 and iPhone 7 Plus on Oct. 21. While the pre-ordering will start early on Oct. 14 for all three companies, AIS and DTAC have opened a page for…
Shoppers can now save money on luxury brands by combining reward points from their different Visa credit cards. The “Points for Brands” campaign enables customers with Visa credit cards issued from leading financial institutions in Thailand, including…
Siam Discovery – The Exploratorium, Thailand’s first hybrid-retail destination and lifestyle specialty store which opened in May, has won two awards. A reincarnation of the old Siam Discovery, the store was named Best Retail Development and Best Commercial…
Thai police have busted a fake Nestle instant coffee factory in Bangkok’s northern suburbs. Acting on a tip-off, a team of police descended on a business premises in Pathum Thani on Thursday armed with a search warrant. Inside they found 2 million THB worth…
Months after popular ice-cream brand Ben&Jerry opened their first shop in Bangkok, looks like we will be able to continue to binge on new, sweet treats at Godiva. Godiva, the Belgian luxury chocolate store, announced it will launch its first shop in Bangkok…
Atlanta-based operator and franchiser Hooters of America will enter Taiwan with five new locations. The Hooters Taiwan restaurants will be opened by Hooters’ Asian partner, Bangkok-based franchisee Destination Resorts. The first is scheduled to open in…
Central FamilyMart plans to double the number of its convenience stores in Thailand from 1116 to more than 2000 within five years. President Chiranun Poopat says the company will continuously expand the number of FamilyMarts to cater to a growing market and…
Japanese retail holding company Fast Retailing intends to have 1000 shops for its low-cost GU brand overseas in 10 years, up from about 10 foreign stores now. GU sells clothing often priced at about half that of stablemate Uniqlo. Fast Retailing will expand…
Retail Academy: Thailand
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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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