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Tag: thailand

Retail Asia10/03/2017
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E-Tailing

Thai Transport Authority Fines Uber, Grab Drivers

3min
Thailand’s transport authorities are going after drivers who work for ride-hailing services like Uber and GrabCar, even saying they will ask the military government to ban them if needed. When U.S.-based Uber launched in Thailand in 2014, the Department of Land Transport said the company’s drivers were not properly registered or insured, and its payment system […]
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Retail Asia09/03/2017
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Finance

AEON Launches “365 Days… Enjoy Shopping with AEON Credit Card”

3min0
Mr. Kiyoyasu Asanuma (left), Managing Director of AEON Thana Sinsap (Thailand) Public Company Limited, together with Mr. Nuntawat Chotvijit (right), Director of Marketing, AEON Thana Sinsap (Thailand) Public Company Limited, presided over the recent launch of “365 Days… Enjoy Shopping with AEON Credit Card” campaign. The campaign offers a range of special privileges to AEON […]
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Retail Asia07/03/2017
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Food

Bangkok home to Asia’s first Playboy Cafe

3min0
Lam Yook Millenium Millennium (2002), the distributor of Playboy clothing in Thailand, has opened the first Playboy Cafe in Asia. It is in the Central Festival EastVille complex in Bangkok, with a second cafe scheduled to open in Central Marina Pattaya next month. A budget of Bt30 million (US$856,000) has been earmarked for the opening […]
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Retail Asia06/03/2017
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Fashion

Crocs store is closing door

5min0
One in four Crocs stores will be closed globally as the maker of the world’s ugliest shoes plots a survival plan. The store cull was announced along with another quarterly loss: the shoemaker finished its last three months US$44.4 million in the red, albeit a better performance than the same period a year earlier when […]
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Retail Asia06/03/2017
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General

Solid year for revitalised Dairy Farm International

16min0
Hong Kong-headquartered multi-format retailer Dairy Farm International has celebrated its 130th anniversary with a strong set of results, with food, home furnishings and restaurants delivering higher profits. Total sales, including those of associates and joint ventures, rose 14 per cent in US dollar terms and 17 per cent on a constant-currency basis to US$20.4 billion. […]
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Retail Asia05/03/2017
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Logistics

DHL broadens logistics reach in Thailand

5min
DHL E-commerce, a unit of Deutsche Post DHL Group, has expanded its logistics service in the Thai market with nationwide coverage and price-competitive business-to-consumer (B2C) international shipping. There is also pick-up service for small e-commerce merchants and the 2.7 million small and medium-sized enterprises (SMEs) in Thailand where online sales are growing rapidly, according to […]
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Retail Asia01/03/2017
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Electronics

SK Planet and Samsung sign for online partnership

2min0
Samsung Electronics Southeast Asia and Oceania has signed a memorandum of understanding with global platform innovator SK Planet on an eCommerce partnership in Southeast Asia. Signed in Singapore, the deal aims to promote Samsung’s brand presence and provide increased convenience and access to the Korean company’s products in Southeast Asia through online shopping sites 11street […]
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Retail Asia01/03/2017
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Food

Thai specialty coffee growers tip cafe boom

3min0
Despite many cafes closing in the past year, the Thai coffee-shop business is expected to grow 15 to 20 per cent this year. According to specialty coffee growers, the growth will be driven by the country’s economic improvement and higher demand from coffee drinkers. Specialty Coffee Association of Thailand (SCATH) president Apicha Yaemkesorn says coffee […]
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Retail Asia27/02/2017
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Fashion

Japanese cosmetics brand Do-Best eyes Asian expansion

2min0
Japanese cosmetics brand Do-Best is looking at opportunities in the Philippines and broader Southeast Asian markets, including Indonesia. Do-Best CEO Daitaro Sugawara was in the Philippines for a group networking session organised by Security Bank and Japan’s Mitsubishi UFJ Financial Group. He was matched with executives from local retailers including Metro Retail and National Bookstore. […]
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Retail Asia20/02/2017
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E-Tailing

11street Thailand launched by SK Planet

1min0
Korean-headquartered online marketplace 11street has launched in Thailand. Parent company SK Planet says 11street Thailand is the first Korean-owned eCommerce marketplace to open in the Southeast Asian nation. An opening ceremony was held at Bangkok’s CentralWorld shopping centre this week, and prominent advertising livery has appeared on BTS stations to promote the brand. Korean actor […]
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Retail Asia20/02/2017
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Fashion

Canterbury New Zealand opens in Bangkok

3min0
Sports brand Canterbury New Zealand, established in 1904, has opened its first Thai flagship store in Bangkok. Located in the Phayathai Building, the 70 sqm shop offers 120 products in four major categories: men’s training, women’s training, on-field accessories and a British-Irish line. The retailer has kitted out some of the top sporting teams in […]
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Retail Asia17/02/2017
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Food

Japanese tariffs hobble Vietnamese tuna exports

2min0
Thai and Filipino tuna exporters have accessed the market tariff-free for years. Vietnam’s tuna exports to Japan have steadily declined since 2013 due to exceptionally high tariffs, according to the Vietnam Association of Seafood Exporters and Producers (VASEP). Following a bilateral trade deal, Japan scrapped tariffs on Thai canned skipjack tuna, which carried a 3.2 […]
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Retail Asia16/02/2017
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E-Tailing

Competition squeezes out Ookbee Mall

2min0
Ookbee Mall Thailand will close its eCommerce business Ookbeemall.com next month, citing heavy competition. Launched in November 2015 with an initial investment of 150 million baht (US$4.2 million), Ookbee Mall is a JV between Japanese eCommerce investor Transcosmos and Thai e-book store Ookbee. Founder Natavudh Pungcharoenpong says the mall was launched as an experiment to […]
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Retail Asia16/02/2017
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Finance

Krungsri gears up for return of investors from Japan

5min
Bank of Ayudhya, commonly known as Krungsri, is reinforcing its commercial banking after seeing a return by Japanese companies considering investment in the Kingdom in light of the government’s “Thailand 4.0” industrial goals. Pornsanong Tuchinda, head of commercial banking, said yesterday that healthcare and wellness and real estate were currently the priority focus of Japanese […]
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Retail Asia15/02/2017
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Telecom

Thailand’s first 5G demo achieved 5.7Gbps speeds

2min0
The first live 5G end-to-end demonstration in Thailand using Ericsson’s 5G test bed and 5G-ready core achieved 5.7Gbps throughput and 3 milliseconds latency. The three-day showcase was held in late January, and Ericsson said the demonstration marks a step towards realizing the Thai government’s vision of a Digital Thailand. “We expect to have broadband connectivity […]
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