Tag: bangkok

Retail Asia17/05/2023
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6min0
CIMB Thai Bank and Positive Thinking Company, a leading technology company in Asia-Pacific, have announced to establish an expert software development center for CIMB Thai in Hanoi. The Vietnam Software Development Center in Hanoi is expected to add powerful engineering expert resources and accelerate the digital journey of CIMB Thai, a member of CIMB Group. […]

Retail Asia27/03/2023
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11min0
Park Silom, a premium mixed-used complex in the heart of prime Bangkok’s CBD Silom, is a collaboration between Nye Estate, Minor International and Siam Piwat. Synergizing their prestigious expertise, the three forefront developers are driving Park Silom into a ‘Third Space Retail,’ offering a new retail experience to Silom under the concept “Everyday Indulgence for […]

Retail Asia23/12/2022
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5min0
Consumer spending during the New Year holiday is expected to reach 103 billion baht ($2.96 billion), pushed by the country’s continued economic recovery from the pandemic. The estimated spending is an expansion of 20.1% from the 85.7 billion baht posted during the previous New Year period, the highest increase since 2007 and the first time […]

Retail Asia15/12/2022
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2min0
Thailand-based food delivery platform and unicorn Line Man Wongnai is negotiating to acquire the local unit of Foodpanda. German online food-delivery service provider Delivery Hero owns Foodpanda Thailand. Citing people familiar with the matter, the news agency reported that the food delivery platform was earlier valued at $100m, but due to market headwinds, the deal […]

Retail Asia15/11/2022
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2min0
Thailand’s retail chain Lotus’s has opened a Smart Community Centre concept dubbed Lotus’s North Ratchapruek in the northwest of Bangkok.  Operated by Ek-Chai Distribution System, the $42 million project spans more than 47,000sqm and is home to 130 shops and a hypermarket, which features more than 28,000 products. A majority of tenants are new partners, […]

Retail Asia10/11/2022
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2min0
Big C Supercenter, which runs supermarkets and convenience stores in South-east Asia, is considering going public again in Bangkok through an initial public offering that could raise more than US$500 million, according to people familiar with the matter. The Bangkok-based company is sounding out investment banks for proposals for the share sale, which could happen […]

Retail Asia18/10/2022
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4min0
Nokia and AIS Fibre announced the first trial of their 25G PON solution in Asia. AIS Fibre in Thailand trialed the technology using its existing optical line terminals (OLT), which have already been rolled out nationwide. The OLT was connected simultaneously to three end-user devices with a combined speed of 37.5 Gb/s using a 25G […]

Retail Asia12/09/2022
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2min0
The online fashion retailer cut about 55 employees, or 8% of its headcount, it said in a statement on Thursday in response to queries by Bloomberg News. The company said it streamlined its processes “to move toward more sustainable growth.” The Bangkok-based startup is in the midst of raising external capital and has engaged banks […]

Retail Asia29/08/2022
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2min0
Thai AirAsia X (XJ) will launch new services from Bangkok (Suvarnabhumi Airport) to Melbourne and Sydney commencing 1 and 2 December 2022. Four weekly flights direct from Bangkok to Sydney Airport depart on Mondays, Tuesdays, Fridays and Saturdays, and to Melbourne Airport (Tullamarine) three times a week on Wednesdays, Thursdays and Sundays. The return flights […]

Retail Asia15/07/2022
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1min0
Thai retailer CP All has appointed Yuthasak Phoomsurakul as its new CEO of operations, overseeing the company’s network of more than 11,000 7-Eleven stores. Phoomsurakul started his career with the company as the deputy MD of marketing and product management in 2007. He has also held several key leadership roles in companies such as Big […]

Retail Asia13/07/2022
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4min0
Alibaba’s grocery store chain Freshippo is searching for to boost funds at a valuation of about $6 billion, a lot decrease than a hoped-for valuation of as much as $10 billion earlier this 12 months, three individuals accustomed to the matter informed Reuters. The corporate needed to reduce its valuation expectations after China’s COVID-19 restrictions, […]


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