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Tag: Thai

Retail Asia28/09/2023
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General

Thai AirAsia Introduces New Flight To India

2min0
The India-Thailand air connectivity is set to receive another boost, with Thai AirAsia announcing a new service from Bangkok to Guwahati in the northeast region of India. The airline already has a significant presence in the country, currently flying to six destinations from Bangkok. The new service will provide a more convenient connection to passengers […]
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Retail Asia14/11/2019
Finance

Singapore E-Wallet Inks Partnership With Thai Bank

2min0
The Singapore-based firm has made its first foray into an overseas market, and is promising Thai travelers affordable options to pay with the competitive exchange rates when abroad. YouTrip, a multi-currency mobile wallet designed with travelers in mind, is taking its services to customers outside Singapore by launching in Thailand with a partnership with Kasikornbank (KBank), the […]
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Retail Asia28/10/2019
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General

Thai Airways eyes passenger growth

2min0
Financially struggling Thai Airways is eyeing 8% in passenger growth by year’s end as it plans to launch new routes. Nond Kalinta, Vice President of Sales at Thai Airways International Public Company Limited (THAI) told the media the airline’s financial situation is likely to improve. The airline’s debts by the end of the year will […]
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Retail Asia19/06/2019
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General

Network expansion boosts Berli Jucker Profit

1min0
Berli Jucker, the operator of Thailand’s Big C retail stores, has reported revenue of THB30.9 billion (US$979 million) in the first quarter, gaining THB1.6 billion (US$50.5 million) over the same period last year. Network expansion was the main driver of the revenue growth, reported IGD, with 27 Mini Big C stores opening during the quarter, […]
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Retail Asia12/03/2019
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Food

Thailand’s Zen Corporation completes IPO

1min0
Thai restaurant operator Zen Corporation secured THB975 million (US$31.35 million) via an IPO issued last Wednesday. The firm sold all 75 million shares on offer, representing 25 per cent of its registered capital, at THB13 each. Its stock price grew 17.69 per cent over the course of its trading debut, as strong demand pushed the […]
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Retail Asia07/03/2019
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General

Thai AirAsia says it will not buy shares in Nok Air

1min0
Asia Aviation, majority shareholder of budget airline Thai AirAsia, said on Wednesday that it would not proceed with an acquisition of shares in rival carrier Nok Airlines, sending Nok’s shares down. Nok’s shares fell more than 12% and Asia Aviation’s prices slid nearly 3% in the morning trading session. Asia Aviation said in February that […]
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Retail Asia05/03/2019
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Telecom

Thai telcos to establish telecom CERT

2min0
Eight Thai telecom operators have reportedly signed an agreement to establish a dedicated telecom computer emergency response team (CERT). The operators, which include incumbents AIS, Dtac and True as well as state-owned operators TOT and CAT, will establish the CERT over the next 12 months. The collaboration will initially involve sharing information about cyber threats, […]
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Retail Asia11/04/2018
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Real Estate

Centara Hotels & Resorts Celebrate Thai New Year in Traditional Style

2min0
Centara Hotels & Resorts, Thailand’s leading hotel operator, will observe the upcoming Songkran Thai New Year period by wearing colorful traditional dress. Visitors and guests to the company’s properties are treated daily to graceful Thai service and cultural traditions that have become Centara’s hallmark; this Songkran, 13th – 15th April, they can enjoy the added […]
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Retail Asia13/06/2017
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General

THAI will not increase capital in Nok Air

3min0
Thai Airways International Public Company Limited (THAI) stated that THAI’s Board of Directors decided not to increase capital in Nok Air Public Company Limited (Nok Air), which lacks liquidity and needs additional funding to continue operations. Following the meeting on 12 April 2017, it was agreed that a Company representative would be sent to submit […]
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Retail Asia30/05/2017
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Food

Central Food launches new format in Thailand

1min
The parent company of Tops Supermarket, Central Food Retail (CFR), will invest Thb1bn (US$29.37m) in a new format Tops Plaza, and 176 new Superkoom supermarkets. The leading Thai retailer told that the new format will be community shipping mall, with the first to open in Pichit this year, and another in Payao next year. CFR also […]
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Retail Asia22/12/2016
General

Thai AirAsia X ends Middle East service

3min0
Thai AirAsia X has completely pulled out of the Middle East, a market that appears unready for TAAX’s long-haul, low-cost business model. The airline, part of Asia’s biggest no-frills airline group, is axing Bangkok-Muscat and Bangkok-Tehran routes launched in June this year, due to poor traffic demand at both ends of the each of the […]
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Retail Asia13/12/2016
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E-Tailing

Alibaba Looks to Tighten Its Hold on Thai Ecommerce

3min
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 agreement calls for ecommerce platform Lazada—the leading ecommerce site in Thailand—to provide ecommerce training […]
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Retail Asia21/11/2016
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Living

‘Forever in Thai Hearts,’ an exhibition hosted by Thailand’s Ministry of Culture

8min0
Thailand’s Ministry of Culture, assigned by the government, joins hand with Siam Paragon to host ‘Forever in Thai Hearts,’ a photo exhibition portraying historical moments of Thai nation to mark the Royal Funeral of His Majesty King Bhumibol Adulyadej. Locals and visitors are invited to join a vowing campaign by recording their pledges to carry on his legacy and royal teaching. All […]
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