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Japanese retail behemoth Aeon is withdrawing from the supermarket industry in Thailand, divesting its local enterprise to Central Group. This is a strategic shift in investment focus towards rapidly expanding markets across Southeast Asia. Transition of…
Vans has proudly reopened its renovated store at Central Westgate in Nonthaburi, Thailand, introducing a unique retail concept heavily influenced by the region’s rich cultural heritage. This innovative project was realized in conjunction with Thai artist…
The State Bank of Vietnam has adjusted its central USD/VND exchange rate to an unprecedented high, reflecting a strong U.S. dollar in global markets. The central bank’s rate has escalated to VND25,306, marking a 0.05% increase from the previous day. Notably,…
Central Pattana, a leading retail and property development company, has unveiled ambitious plans to invest approximately $3 billion to broaden its mixed-use portfolio over the next five years. Central Pattana’s proposed projects are poised to offer an…
Thailand’s Central Retail, a notable force in the retail industry, is gearing up to increase its investments in Vietnam. The company has announced its intentions to initiate the launch of over 30 new large-format stores in the country within the upcoming…
Central Pattana is embarking on a significant expansion of Central Phuket, aiming to transform the mixed-use development into a keystone of Phuket’s transition from a tourist-centric locale to a global lifestyle hub. The expansion will enlarge the project’s…
Thai conglomerate Central Retail has finalized the sale of its entire share in Nguyen Kim Electronics, signifying its departure from the consumer electronics industry in Vietnam following successive years of financial losses. Deal Details The transaction,…
Central Pattana, a leading retail and property development company based in Thailand, has recently publicized plans for a new shopping mall project in Bangkok. The project, named “The Central,” comes with a hefty price tag of $575 million and is slated to…
Central Pattana, a division of Thailand’s Central Group that specializes in property development, plans to infuse a staggering 21 billion baht (US$640 million) into the creation of an expansive new shopping and lifestyle hub in northern Bangkok. The Central…
The global inclination towards safe assets is anticipated to stimulate increased demand for both gold and bitcoin as primary reserves for central banks by the year 2030. Gold and Bitcoin: Safe Haven Assets Gold has a long-standing reputation as a safe haven…
Fans of the iconic sitcom “Friends” are in for a treat as they will soon have the chance to gather for a cup of coffee in the well-known fictional New York cafe made popular by the show. Warner Bros Discovery Global Experiences has teamed up with Central Perk…
Central Marketing Group (CMG), a division of Central Retail, has recently attained exclusive distribution rights for Aveda in Thailand, marking a significant step into the high-end haircare market. A Strategic Move This development resonates with the…
Central Pattana, based in Thailand, has announced plans to launch a new shopping centre named Central Park in Bangkok this September. This move constitutes a significant portion of a widespread mixed-use development. About the Project With a vast area of…
Patek Philippe, the notable luxury watchmaker, has recently launched its grand store in the heart of Hong Kong, specifically at Queen’s Road. The Store’s Design and Features Stretched over an area of more than 3000 square feet, this new store is designed with…
Central Group has announced the appointment of Sean Hill as the new chief executive for the Dutch department store, De Bijenkorf. Hill, a member of the fourth generation of the Chirathivat family, will begin his new role effective immediately. Sean Hill’s…
Aesop, the well-known Australian cosmetics brand, has recently expanded its presence in Bangkok by opening its fourth boutique at Central Chidlom. Inspiration & Design This new boutique boasts a unique design, unlike any other. Aesop’s own in-house design…
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