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Retail Asia23/06/2017

Japan’s JCB Co has partnered with Kasikornbank with an eye on increasing the number of its credit card holders in Thailand by 1.4 million by 2020 to 2 million. “Thailand has potential to be (our) second most important market after Japan and we believe in Thai economic growth in the long run,” said Kimihisa Imada, […]

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Retail Asia23/06/2017

The text-messaging service Line plans to inaugurate an indoor digital theme park in Thailand’s capital, seeking to squeeze maximum advantage from its popularity in the country, its second biggest market after Japan. Line Village Bangkok will begin operating Friday as a retail store, selling dolls and similar merchandise, but later this year will expand to […]

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Retail Asia23/06/2017

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Inchcape Thailand, an importer and distributor of Jaguar and Land Rover, says it’s concerned about the way the new excise tax for cars, effective in mid-September, will be calculated. The government has yet to formally announce details of the new tax rate and the computation formula that will apply to car distributors; however, Inchcape said […]

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Retail Asia23/06/2017

Thai regulator NBTC could be on shaky legal ground with its plan to control overseas OTT service providers by requiring them to set up local entities, legal experts have warned. Lawyers stating that if the NBTC goes ahead with the plan, Thailand would be the first country to require OTT providers to set up local […]

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Retail Asia22/06/2017

U.S. motorcycle maker Harley-Davidson is lining up a takeover bid for Italian rival Ducati, potentially bringing together two of the most famous names in motorcycling in a deal that could be worth up to 1.5 billion euros ($1.67 billion), sources told Reuters. Indian motorcycle maker Bajaj Auto and several buyout funds are also preparing bids […]

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Retail Asia22/06/2017

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It is not just the South Korean duty free and travel retail market that is suffering from a dearth of Chinese travellers – Thailand has also seen falling traffic according to travel retail analyst, research and category expert, Counter Intelligence Retail, but for very different reasons. Metrics from CiR’s traffic modelling and forecasting tool, Business […]

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Retail Asia22/06/2017

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Thais are becoming increasingly confident in using electronic payments, as cash is seen as a hassle and unsafe to carry around, according to Visa’s research. In its third instalment, the 2016 Visa Consumer Payment Attitudes Study tracks the current attitudes consumers have on electronic payments and identifies trends in payments behavior in six Southeast Asian […]

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Retail Asia22/06/2017

Although cheaper prices attract consumers in Thailand, it seems a product’s quality is the highest priority when making a purchase decision. According to new research from global market intelligence agency Mintel, as many as three in five (58%) metro Thai consumers* rate high quality as a key purchase factor, making this the leading driver of buying […]

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Retail Asia22/06/2017

Thailand’s first state-provided high speed fixed broadband services for rural areas are on track to launch by mid-2018, according to reports. The fiber-based service will be offered to 3,920 border villages across 62 provinces by this time, providing broadband at speeds of at least 10Mbps. The low cost services will start at just 50 baht […]

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Retail Asia20/06/2017

KBank and JCB International (JCBI), the international operations subsidiary of JCB Co., Ltd., have introduced the “KBank JCB Credit Card” to accommodate Japanese culture and lifestyles. A wide range of attractive privileges are offered, with first-year targets of 100,000 cards and spending of 2 billion Baht. Mr. Pipit Aneaknithi, KBank President, said the popularity of […]

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Retail Asia20/06/2017

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With its recent launch of the MSIG SpeeDi app in Thailand, MSIG Insurance continues its digital transformation in the region with the introduction of a unique telematics device for its motor customers. With the aim of encouraging safer driving in Singapore, the device tracks driver behaviour and provides feedback after each trip via a mobile […]

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Retail Asia19/06/2017

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Mr. Tula Pharuehaspailin (Middle), Marketing Senior Manager AEON Thana Sinsap (Thailand) Public Company Limited, Ms.Voralak Tulaphorn (Right), Senior Vice President Marketing The Mall Group, and Ms.Duangta Phongwilai (Left), Group General Manager – Shopping Center Corporate Marketing The Mall Group launches “The Mall Shopping Center Anniversary Happy Surprise” campaign for AEON shopping enthusiasts, with a “Lucky […]

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Retail Asia18/06/2017

Tesco has shut down a “bulk selling” operation in Thailand after concluding it could not make a profit. The decision to walk away from nearly 6 per cent of Asian revenue contributed to a 3 per cent decline in like-for-like sales at Tesco’s international business, taking the gloss off a sixth consecutive quarter of growth […]

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Retail Asia18/06/2017

Thai producers plan to increase their shrimp output in the second half of this year, after output from farms dropped year-on-year in the first two quarters of 2017, industry sources told us. Heavy rain, which has caused floods in several provinces, as well as ongoing disease issues, limited the growth of Thai shrimp production in the […]

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Retail Asia16/06/2017

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Centara Hotels & Resorts, Thailand’s largest hotel operator, reopened the Centara Sandy Beach Resort Danang following an extensive renovation and upgrade. The resort offers an excellent location on the white sands and clear waters of Non Nuoc beach. The site is designed to offer secluded privacy on a private beach, but is conveniently within 20 […]

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Retail Asia16/06/2017

hai AirAsia has planned to operate direct flights to Bangkok from Trichy international Airport on a daily basis from August 12, according to sources. The move was widely welcomed as a large number of travellers from the central region currently have to take a circuitous route via Kuala Lumpur, Colombo and Singapore to reach Bangkok. […]

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Retail Asia15/06/2017

Advanced Info Service (AIS) in Thailand is upgrading to Netcracker 12 to deliver a better digital customer experience and meet myriad internal business objectives. As part of the engagement, AIS has also extended its use of Netcracker’s Professional Services in order to ensure the long-term success of the platform. AIS is one of Thailand’s providers […]

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Retail Asia15/06/2017

Thai AirAsia (TAA) is breaking into Bangkok Airways’ long-held monopoly on Bangkok-Maldives air services, knocking down the high fare barrier in the process. TAA, Thailand’s largest low-cost carrier, is to launch a daily non-stop service on Aug 11 with an introductory fare that is a fraction of what is charged by Bangkok Airways. TAA’s introductory […]

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Retail Asia13/06/2017

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 Asia13/06/2017

Nok Scoot and Thai AirAsia X were yesterday announced to qualify for Air Operators Certificates (AOC) after both met the International Civil Aviation Organization (ICAO) standards. Both became the country’s 4th and 5th local airlines to be granted the AOCs. Nok Scoot and Thai AirAsia X are low cost international carriers operating in an extremely […]

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