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Tag: thailand

Retail Asia15/12/2022
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Startups

Line Man Wongnai in talks to buy Foodpanda’s Thai unit

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 […]
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Retail Asia05/12/2022
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Automotive

Vietnam auto production ranks 4th in Southeast Asia

2min0
Vietnam ranks fourth in Southeast Asia in auto production in the first 10 months at 362,000 units, up 16.4% year-on-year, according to the General Statistics Office. Thailand leads the region with nearly 1.6 million units made in the period, followed by Indonesia, 1.2 million, and Malaysia, 567,700, according to the ASEAN Automotive Federation. Many auto […]
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Retail Asia01/12/2022
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Food

Low-quality rice imports to be restricted

2min0
The Ministry of Industry and Trade is drafting a decree on rice trade to limit the import of low-quality grain. The volume of low-grade rice imported from India has surged due to low vietnaprices and zero import tax under the ASEAN-India Free Trade Area, potentially affecting Vietnam’s own rice production and food security. Last year […]
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Retail Asia24/11/2022
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Food

Thai durian farmers feel threatened as Vietnam makes China debut

7min0
Thai farmers who’ve enjoyed a virtual monopoly in exporting fresh durian to China are worried about Vietnam entering the fray because the latter’s proximity to the importer generates several advantages. When Vietnam’s first batch of fresh durian was exported to China under official quota in September, Thai farmer Busaba Nakpipat said she was concerned about heightened competition […]
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Retail Asia15/11/2022
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General

Lotus’s launches smart community centre flagship store

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, […]
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Retail Asia10/11/2022
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General

Thai grocery retailer Big C eyes $500 million IPO

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 […]
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Retail Asia18/10/2022
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Telecom

Nokia and AIS Fibre Trial Fastest Broadband in Asia

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 […]
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Retail Asia17/10/2022
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General

Ikano Retail posts record revenue growth

2min0
Ikano Retail has recorded its highest turnover yet for the financial year to August 31, reaching US$1 billion across the five markets in which it operates Ikea stores – Malaysia, Singapore, Thailand, the Philippines and Mexico, equivalent to 41.2 per cent year-on-year growth. The increased sales were driven by the return of visitors to physical […]
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Retail Asia30/09/2022
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Fashion

Jim Thompson enters a new era with reimagined flagship in Bangkok

3min0
Jim Thompson, Thailand’s iconic global lifestyle brand signals a new era with the opening of Bangkok’s must-visit landmark the Jim Thompson Heritage and Creative Quarter. Inclusive of the original Jim Thompson House Museum, it features a new “Museum About the Man”, a Home Furnishings Exhibition, a café and a new Iconic Store. Local and international visitors will get to soak […]
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Retail Asia30/09/2022
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Telecom

AIS and ZTE to Launch ‘5G A-Z Center’ in Thailand

4min0
ZTE and AIS have jointly launched Thailand’s first 5G innovation hub, named “5G A-Z Center.” Both parties have signed an MOU of a strategic partnership to develop 5G tech and enhance the digital infrastructure construction, to bring excellent 5G experiences to Thailand, and strengthen the country’s competitiveness on 5G. “We are here because 5G is […]
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