Reporting and analysis on retail, e-commerce, and consumer trends in Thailand, updated continuously by our newsroom.
AEON Thana Sinsap (Thailand) Public Company Limited will join the 16th Money Expo Bangkok from May 12th to 15th 2016 at Challenger Hall 2 – 3 , Impact Arena, Muang Thong Thani. AEON’s booth, B1, is inspired by the concept “Your Future Begins Today” with the…
Thousands of BritishIndia Malaysia customers grabbed a bargain as they farewelled the fashion store in Suria KLCC over the past week. The fashion brand’s farewell sale offered 50 per cent off all items, ending its presence in the mall since 1998. Built from…
An online boutique that offers all-natural and organic baby products, Applecrumby & Fish has obtained a fresh round of seed funding worth $300,000 from Silicon Valley’s VC 500 Startups. The Malaysian company aims to use the money to establish itself as the…
Thai property developer Siam Retail is building two more Terminal 21 shopping malls – in Pattaya and Nakhon Ratchasima province. President Prasert Sriuranpong says the company is investing 6 billion baht (US$170.5 million) in the Pattaya development because…
Thai cash-and-carry chain Siam Makro plans to invest up to 9 billion baht ($258 million) in opening stores this year in Thailand and overseas. Its parent company, CP All, which through its ownership of 7-Eleven Thailand is the country’s largest convenience…
Thai retail conglomerate Central Group has won the bidding battle for Groupe Casino’s Big C Vietnam business. Groupe Casino has confirmed Central paid €1 billion (US$1.14 billion), which will be used to pay down debt. That price is as much as $300 million…
Debt-laden civil contractor Gammon India has accepted the proposal from Thailand-based GP Group to sell a controlling stake in Gammon’s engineering, procurement and construction (EPC) business for R250 crore. In a filing to BSE, the company said that the…
Central Group is set to buy Zalora’s businesses in Thailand and Vietnam, according to reports. Zalora is a fashion-focused e-commerce site. Central Group’s assets, which include multiple shopping malls and national department store chains, are worth close to…
Thai retail chain Tesco Lotus plans to continue expanding with at least 65 new stores this year, despite the market being sluggish. “We saw a small improvement in the market in terms of local consumption, but we are optimistic the Thai market is still…
Mrs. Waraporn Nilpanich (Left), Assistant Vice President – Credit Card at AEON Thana Sinsap (Thailand) Public Company Limited and Mr. Niti Pattanapakdee (Right), Chief Media Officer of Major Cineplex Group Public Co., Ltd., announced the special joint…
Kasikornbank Pcl, Thailand’s fourth-largest lender, will cut its minimum retail and minimum overdraft rates by 25 basis points (bps) on April 25, it said in a statement. The cut, which follows similar move by Bangkok Bank on Thursday, is aimed at helping the…
A newspaper report has accused deputy prime Minister Wissanu Krea-ngam, NBTC Secretary-General Takorn Tantasit and ICT Minister Uttama Savanayana of trying to strongarm AIS into handing over 8 million 2G customers to TrueMove in a meeting last week. In a…
Dubai-based Abraaj Group has led a US$30-million Series B round of fundraising for Singapore’s Ninja Logistics (Ninja Van), a technology-enabled last-mile logistics provider with a presence in Indonesia, Malaysia and Singapore, and just lately Vietnam. Ninja…
Thailand’s Dtac has decided not to participate in the upcoming re-auction of 900-MHz spectrum due primarily to the high reserve price. The operator has informed regulator NBTC that it does not plan to bid in the auction Dtac will instead rely on its 20 MHz of…
Thailand’s military cabinet has approved a new frequency act that puts the formerly independent regulator under the control of the new digital economy commission while the selection process now goes through the executive branch. The new National Broadcasting…
The recent acquisition of Lazada Group by Chinese e-commerce giant Alibaba Group poses a challenge to local online product manufacturers and retailers who anticipate a potential flood of Chinese-made products. The move by Alibaba is expected to shake up…
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