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Retail Asia02/02/2017

Thailand’s telecoms regulator NBTC plans to release 380 MHz of additional spectrum to the industry to set the stage for 5G and accommodate burgeoning demand for mobile data and IoT services. The regulator is aiming to auction 180 MHz of 2600-MHz spectrum this year as part of this process, citing NBTC secretary-general Takorn Tantasith. According to […]

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Retail Asia01/02/2017

Thailand received a record 32.59 million foreign visitors last year, with revenue beating expectations and likely to exceed previous forecasts this year by growing 10 percent or more, officials said Monday. Thailand is proving popular even as terror scares, including a series of bombings in resorts towns killing four people, and the death of King […]

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Retail Asia01/02/2017

Thailand’s MVNOs will need to implement a new online fingerprint ID registration system for both prepaid and postpaid mobile SIMs by March, after regulator the NBTC declined to exempt them from complying with the new registration regime. The online registration system is being introduced as a requirement for both mobile operators and MVNOs as part […]

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Retail Asia31/01/2017

Thailand received a record 32.59 million foreign visitors last year, with revenue beating expectations and likely to exceed previous forecasts this year by growing 10 percent or more, officials said Monday. Thailand is proving popular even as terror scares, including a series of bombings in resorts towns killing four people, and the death of King […]

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Retail Asia31/01/2017

There’s a good chance you work in the service sector. Services account for 17 million jobs in Thailand, or approximately 40 percent of the Thai labor force. Service encompasses diverse industries such as tourism, retail, health, communications, and transportation, and many sought-after professions in architecture, engineering, law and medicine, for example. Many Thai parents aspire […]

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Retail Asia27/01/2017

Police in Bangkok have arrested two drivers who delivered nearly 7000 counterfeit items to Lumpini Park. Police chief Sanit Mahathavorn says the two drivers were taken into custody after a routine search of the parked bus. Hat Thongbu from Chainat and Niran Damthunghong, from Aranyaprathet, both 47, had hidden the goods in a bus they […]

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Retail Asia27/01/2017

The bullish forecast came as it was revealed the Southeast Asia e-commerce market in 2015 was worth US$900 million (Bt31.7 billion) and is forecast to grow up to 16 times that figure – about $11 billion – by 2025. Worawoot Ounjai, chief executive of Central Online, said that the e-commerce market in Thailand would grow […]

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Retail Asia27/01/2017

Autospace, ZC Rubber’s retail chain, opened its first branch in Thailand on 18 January 2017. The new branch is also the firm’s first overseas flagship store. Autospace, established in 2015, is the service brand of ZC Rubber in automotive aftermarket. In China, there are more than 300 franchised Autospace outlets after just two years of […]

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Retail Asia26/01/2017

Malaysian headquartered investment company The Longfort Group has made its first acquisition in Thailand, Scoozi Italian Restaurant. It completed the deal through its wholly owned Vietnam-based subsidiary, L Concepts, set up in 2015 to operate food and retail concepts across Southeast Asia, starting with several Vietnam businesses. Scoozi is a craft pizza restaurant with 24 branches […]

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Retail Asia26/01/2017

A U.S. federal judge has dismissed a lawsuit claiming that retailer Costco Wholesale had knowingly sold frozen prawns, the farming of which involved forced labour in Thailand. Judge Jeffrey White ruled that the plaintiffs failed to establish that the world’s second largest retail chain was bound to inform customers that modern-day slavery could be part […]

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Retail Asia25/01/2017

UberEats Asia has introduced its stand-alone food-delivery app UberEats to Bangkok. It initially covers 100 restaurants and 24 cuisines, and users can track their orders from the moment they are placed until they arrive at their doors. “This app offers a window into what the future competition in the food-delivery industry could look like,” says […]

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Retail Asia25/01/2017

AEON Thana Sinsap (Thailand) Public Company Limited together with Thai Airways International Public Company Limited launched “Journey of Happiness with Thai Airways 2017” campaign to offer privileges from AEON, Thai Airways and JCB partners such as special airfares from Thai Airways, great deals on tour packages from H.I.S and other special privileges from JCB partners to […]

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Retail Asia23/01/2017

eCommerce and logistics company Anchanto has launched a software platform, SelluSeller, to help merchants, brands and distributors sell products on a multitude of marketplaces. Revealed at a company event in Singapore, SelluSeller enables users to manage their inventory and simultaneously upload listings to several eCommerce websites including Flipkart, Lazada and Matahari. This saves them having […]

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Retail Asia23/01/2017

The country is focusing more on improving its workers’ skills to meet high demands from developed markets. Vietnam plans to send workers to Australia, Laos and Thailand for the first time this year in a bid to expand and improve its overseas labor force. Vietnam sent a record 126,000 workers overseas in 2016. Pham Viet […]

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Retail Asia21/01/2017

Thailand convenience-store chain CP All and three private equity funds are competing to buy Polish retail chain Zabka from Mid Europa Partners in a deal valued at up to €1.5 billion (US$1.59 billion). Zabka’s sale comes at a time when some policies of the ruling conservative Law and Justice party in Poland are considered an […]

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Retail Asia21/01/2017

Chinese New Year is one of the best chances for traveling as this festival provides the week-long national holidays and a unique vibe of traditional and colorful festivities. As Chinese community in Thailand is one of the largest in the world, the capital city of Bangkok is lit up in colorful festive ambiance and known […]

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Retail Asia20/01/2017

Gazpromneft-Aero, the operator of Gazprom Neft’s aviation refuelling business, has entered into a new contract for refuelling scheduled flights of the Thai national carrier, Thai Airways, at Moscow Domodedovo Airport. Gazpromneft-Aero will supply aviation fuel for four weekly Thai Airways flights from Moscow to Bangkok. Total refuelling volumes will exceed 18,000 tonnes per year. Refuelling of the Thai Airways fleet will […]

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Retail Asia19/01/2017

EazyDiner, a restaurant booking and reviews platform, is in talks with potential investors to raise a fresh round of funding to expand its international footprint in the New Year. The two-year-old company, which was co-founded by media personality Vir Sanghvi and six professionals with a background in food, beverages and hospitality sectors, has targeted Indonesia […]

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Retail Asia19/01/2017

The regulations require foreign banks to buy more than one bank, and that the targets must not be strong institutions. KBank president Pipit Aneaknithi said yesterday that the bank currently had partnerships with two banks in Indonesia, and was prepared in terms of facilities and capital to establish its own footprint in the Indonesian market. […]

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Retail Asia19/01/2017

2016 predicted Thailand’s e-commerce boom and it has been forecasted that in 2017, internet users in Thailand will make up 50 percent of the population compared to last year’s 43 percent. Once plagued by a shaky foundation of uncertain payment settlement systems and a faltering mobile infrastructure, it seems Thailand has overcome that hurdle and […]

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