thailand

Don't Miss:

02/05/2024 Shopee races past other e-commerce rivals ( E-Tailing )
30/04/2024 TikTok, Facebook, and other foreign service providers pay $575M in taxes ( General )
29/04/2024 Sacombank assures no loss on $141M loan to Bamboo Airways ( General )
29/04/2024 Skype rolls out update with new features for both Android and iOS ( General )
26/04/2024 Changi Airport Group awards OUE tender for lease and development of new hotel at Changi Airport Terminal 2 ( General )
26/04/2024 Korean Air to launch new route to Macau ( General )
26/04/2024 WhatsApp is working on an option to stop notifications when someone reacts to your status updates ( General )
24/04/2024 Puma to launch compostable shoes after a two-year pilot project ( Fashion )
24/04/2024 7-Eleven eyes 100,000 stores globally by 2030 ( General )
24/04/2024 Vietnam tops Southeast Asia in number of Apple suppliers ( Electronics )
24/04/2024 FPT and Nvidia to build $200M AI factory in Vietnam ( Electronics )
23/04/2024 Google Meet now lets users make annotations during presentations ( General )
22/04/2024 WhatsApp testing scheduling feature for easier event management in Communities ( General )
22/04/2024 EU set to approve Apple’s plan to open its NFC technology for rivals ( Electronics )

Retail Asia15/02/2017

The size of the Thai start-up sector is expected to double this year, with especially high growth potential seen in the areas of fintech (financial technology) and tech for the healthcare, logistics and retail industries. Meanwhile, US tech giant Cisco is investing more than US$100 million (Bt3.5 billion) to support start-ups in Asia-Pacific. The Thailand […]

CONTINUE READING

Retail Asia15/02/2017

According to the Airports of Thailand (AOT) the country’s aviation industry performance only improved ‘slightly’ between October-December 2016 (Q1 FY2017), due to a reduced number of Chinese tourists visiting through ‘illegal tours’. During the period, concession revenue grew by just +2.68% year-on-year to Baht 3,302.71m (US$94m). “After the repressive measures against illegal tours by the […]

CONTINUE READING

Retail Asia13/02/2017

Soo Kee Group has sealed a deal to form a company with Thai jeweller Aurora Design. With an initial paid-up capital of S$1.2 million (US$845,000), the JV will be set up in Thailand. Soo Kee will hold a 40 per cent stake in the company with Aurora holding the balance. The move will help Soo […]

CONTINUE READING

Retail Asia13/02/2017

It’s a little hard to believe, but, four years ago, sim cards in Myanmar used to cost around US$500. If that price is considered exorbitant for even a first world nation, think about how out-of-reach it would be for the working class Burmese, whose minimum wage is only US$87. But that all changed thanks to […]

CONTINUE READING

Retail Asia13/02/2017

As mobile payments continue their race into the mainstream, land grab expansion seems to have become the name of the game. Summed up in a single word, the theme of the week in mobile was “more” for many of the major mobile movers — more territory, more devices and more merchants. Samsung’s global march added […]

CONTINUE READING

Retail Asia13/02/2017

Home-grown jeweller Soo Kee Group is setting up a joint venture in Thailand. The collaboration is with leading Thai jeweller Aurora Design and will be set up with an initial paid-up capital of 30 million baht (S$1.2 million). Soo Kee will hold a 40 per cent stake and Aurora a 60 per cent stake, according […]

CONTINUE READING

Retail Asia13/02/2017

Similar to Android Pay from Google and Apple Pay from Apple, Samsung Pay works like other mobile payment platform by using NFC. Samsung Pay, which was made to build brand loyalty from consumers allows users to pay for things online with their smartphone or smartwatch. Samsung has fully unveiled the Samsung Pay in the Thailand. The […]

CONTINUE READING

Retail Asia13/02/2017

Chinese outbound travel tilted in favour of destinations in Japan and Thailand in the 12 months to October 2016, according to CiR Business Lounge – creating more sales opportunities for duty-free and travel retailers in key airport locations in these markets. New research on the Chinese passenger by duty-free and travel-retail analyst and researcher, Counter […]

CONTINUE READING

Retail Asia12/02/2017

Picture-Opening-Ceremony-Journey-of-Happiness-with-Thai-Airways-2017-1024x682.jpg

Kiyoyasu Asanuma (left), Managing Director of AEON Thana Sinsap (Thailand) Public Company Limited together with Teerapol Chotichanapibal, Executive Vice-President Commercial of Thai Airways International Public Company Limited joined the recent launch of “Journey of Happiness with Thai Airways 2017” campaign at Fashion Hall, Siam Paragon. The campaign offers privileges to AEON credit cardholders from AEON, […]

CONTINUE READING

Retail Asia10/02/2017

Hooters of Singapore – Marina Bay has opened in Marina Boulevard, led by franchisee Destination Properties Group. Covering 2336 sqft (217 sqm) and close to Marina Bay Sands and Marina Bay Financial Center, the restaurant features more than 22 large-screen televisions. The US chain is known for its hostesses, wings and live televised sports. “The […]

CONTINUE READING

Retail Asia09/02/2017

Kasikornbank (KBank), one of the largest banks in Thailand, officially unveiled its first branch in Phnom Penh with the aim of offering financial services to local businesses as well as corporate and retail customers. KBank entered the Cambodian financial market in November and initially, the branch’s objective was to facilitate Thai businesses in Cambodia in […]

CONTINUE READING

Retail Asia09/02/2017

According to the Ministry of Planning and Investment’s Foreign Investment Agency (FIA), Thailand has invested US$7.7 billion in 440 projects in Viet Nam to become the country’s tenth largest investor. Amata industrial zone in Dong Nai Province, where Thailand has invested in infrastructure. Foreign investment in Viet Nam grew in January. So far, Viet Nam […]

CONTINUE READING

Retail Asia08/02/2017

Singapore fashion and lifestyle platform iFashion Group has acquired independent designer brands marketplace Megafash in a S$3.15 million (US$2.23 million) cash-and-shares deal. This follows iFashion’s purchase of lifestyle and fashion brands Dressabelle and Nose, as well as real-estate booking platform Invade. Megafash was launched in December 2015 with an eCommerce platform and three stores, and […]

CONTINUE READING

Retail Asia07/02/2017

Decide is a state-of-the-art trading platform provided as a service and co-located at the SET Data Centre, which supports retail and institutional trading on both the Stock Exchange of Thailand and Thailand Futures Exchange. SCB Securities chief executive officer ML Thongmakut Thongyai said: “After the successful implementation for our institutional customers we look forward to […]

CONTINUE READING

Retail Asia06/02/2017

SK Telecom has teamed up with Thai state-owned operator CAT Telecom for a project to deploy a LoRa-based IoT network and services in Thailand. Under the agreement, the operators plan to deploy a LoRa-based IoT pilot network in Bangkok and Phuket and launch IoT pilot services from April. SK Telecom will be responsible for deploying […]

CONTINUE READING

Retail Asia05/02/2017

Thailand’s low-cost airlines are increasing fares on domestic routes in a respond to a massive increase in excise tax on jet fuel that came into effect last week. The government increased the fuel tax on all domestic flights from 20 satang to THB4 per litre, claiming it was overdue, while bringing the tax more inline […]

CONTINUE READING

Retail Asia04/02/2017

A joint venture agreement between them was signed during a Myanmar-Thailand cooperation mission presided over by Myanmar State Counsellor Aung San Suu Kyi and Deputy Prime Minister of Thailand Dr Somkid Jatusripitak in Nay Pyi Taw yesterday. The joint venture will leverage the strengths of both parties to launch various innovative fintech services such as […]

CONTINUE READING

Retail Asia04/02/2017

It appears that the production of BMW plug-in hybrid models in the region is set to increase, with BMW Group Manufacturing Thailand set to invest 1 billion baht (RM126.2 million) in the production of petrol-electric vehicles at its plant in the Amata City Industrial Estate, Rayong. The investment has been earmarked for the improvement of […]

CONTINUE READING

Retail Asia02/02/2017

Thailand can expect a slew of shopping mall openings in 2017, according to retail experts, as more international fashion brands and retailers look to take advantage of the evident mall culture in the Southeast Asian market. Japanese bank and consulting group Nomura said in a new research report that Thailand, and Southeast Asia as a […]

CONTINUE READING

Retail Asia02/02/2017

Consumers are exposed to more than 3000 messages a day. The real question now is, what will make your brand stands out? As consumers only spend a few seconds in front of retailer shelf, are the in-store messages targeted properly and relevant? Hence, design solutions that boost the traffic and sales potential in retail environments […]

CONTINUE READING

About Retail News Asia

Retail News Asia is committed to providing local and global retailers with the latest news from the Asian retail market on a daily basis.

We have resources for everyone from independently owned business owners to online-only retailers and major chains expanding their reach throughout the Asian market. Retail News is “the news source” with over 50 weekly posts and 13,6 million readers.

CALL US ANYTIME

Most read

Retail updates

Stay up to date of the lates updates and retail news from Asia.

X