Tag: thailand

Retail Asia29/12/2016
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1min0
Praphan Rangsiyopas, Vice President Marketing of AEON Thana Sinsap (Thailand) Public Company Limited, together with Chanisa Kaewruen (third right), Deputy Managing Director Marketing Event and Business Relations Division, and Saruntorn Asaves (third left), Assistant Managing Director Marketing Promotion and Customer Relationship Management of Siam Piwat Co., Ltd., attended the recent launch of “Siam The Ultimate […]

Retail Asia28/12/2016
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4min0
Thai AirAsia X (TAAX) will suspend route expansions until at least mid-2017, after Thailand’s aviation industry receives international safety approval. The long-haul, low-cost carrier sees a good chance to launch new routes after the International Civil Aviation Organization (ICAO) has decided to remove the red flag imposed on Thailand for its aviation safety shortcomings. “A […]

Retail Asia27/12/2016
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3min
Thailand’s foreign direct investment into Vietnam has been increasing sharply in recent years, according to a survey report by researcher Pittaya Suvakunta from Thailand’s Thammasat University Suvakunta’s report on Thai FDI in Vietnam was circulated at an international conference on Vietnam studies held in Hanoi recently. The researcher cited data from Vietnam’s Ministry of Planning […]

Retail Asia26/12/2016
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2min
The South Korean e-commerce leader 11street has opened an online marketplace in Thailand during the festive season to capitalise on rapid growth in online shopping. The wholly owned subsidiary of the mobile operator SK Telecom aims to become Thailand’s biggest e-commerce player by 2020. Hong Cheol-jeon, chief executive of 11street (Thailand), said he was excited […]

Retail Asia24/12/2016
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2min0
Italian fashion label Salvatore Ferragamo has taken over four JVs created in partnership with Trinity (Fung Group), which distributes the brand in South Korea and Southeast Asia. Ferragamo says it has bought the companies’ 20 per cent share, still owned by Trinity through Trinity Luxury Brands Holdings and Ferrinch. The value of the transaction has […]

Retail Asia22/12/2016
3min0
Thai AirAsia X has completely pulled out of the Middle East, a market that appears unready for TAAX’s long-haul, low-cost business model. The airline, part of Asia’s biggest no-frills airline group, is axing Bangkok-Muscat and Bangkok-Tehran routes launched in June this year, due to poor traffic demand at both ends of the each of the […]

Retail Asia22/12/2016
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3min
Performance ratings continue to determine pay decisions in the majority of Thai organisations, a recent Aon Hewitt survey found. With high turnover rates highest among junior managers and supervisors in the Land of Smiles, there is growing pressure on these staff to maintain their performance levels and prove their worth. According to the Total Compensation […]

Retail Asia22/12/2016
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8min
In August this year, Thailand’s e-commerce enterprise Ascend Group has finished migrating its existing businesses as well as new ventures to the cloud, a move that is expected to support its ambitious regional expansion plans. The Ascend Group owns and operates business-to-consumer (B2C) marketplaces WeMall and iTrueMart, and the consumer-to-consumer (C2C) platform WeLoveShopping. It also […]

Retail Asia22/12/2016
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3min0
Siam Retail Development plans to open 10 shopping malls and mixed-used projects in Bangkok and upcountry Thailand at an expected investment cost of Bt50 billion (US$1.3 billion) over the next five years. In Bangkok, the group has developed Fashion Island Shopping Mall, Terminal 21 Asoke and The Promenade and Life Center. Terminal 21 Korat, in […]

Retail Asia22/12/2016
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1min0
Suripong Tantiyanon (left), Visa Country Manager, Thailand and Noppadon Pakprot (right), Deputy Governor for Tourism Product and Business, Tourism Authority of Thailand (TAT), launch Thailand Spectacular Year End 2016, aiming to boost inbound tourist spending during the festive seasons. The joint promotional campaign rewards non-Thai Visa cardholders with special privileges and complimentary gifts when they […]

Retail Asia21/12/2016
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2min0
Thailand is clamping down on counterfeit branded goods with plans for a campaign to target tourists. The Thai Commerce Ministry is seeking the support of foreign embassies as it launches its “Stop Fake Goods” campaign, aimed at travellers. Meantime, the government says it will stringently inspect traders for counterfeit goods, including examining their tax-payment history. […]

Retail Asia21/12/2016
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3min0
Chinese international restaurant brand Element Fresh plans to grant development rights to franchisees across Asia, with an initial focus on Hong Kong, Japan, Thailand and Singapore. Founded in 2002, the group has nearly 40 restaurants in China, mainly in Beijing and Shanghai. It forecasts 80 outlets across China by 2020 while it moves to franchise […]

Retail Asia19/12/2016
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4min0
Titan Company Limited, the world’s fifth largest watchmaker and part of the Indian conglomerate giant TATA Group, is releasing a limited edition timepiece in Thailand created especially for the Thai market. Titan selected its Red Dot award-winning EDGE, the world’s slimmest wristwatch in the universe, to create the exclusive wristwatch, commemorating the timeless respect and […]

Retail Asia17/12/2016
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2min0
Thai bank CIMB says it will open between 20 and 30 sub-branches inside 7-Eleven convenience stores within the next 12 months. The CIMB 7-Eleven branches are aimed at providing extra accessibility to bank services by co-locating in areas where a full-scale bank branch is not warranted. All of the new branches will open in the […]

Retail Asia16/12/2016
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2min0
Lazada Group’s Online Revolution, also known as 12.12, has again proven to be the biggest online shopping event in Southeast Asia, ringing up US$40.5 million in sales. About 60 per cent of the gross merchandise value (GMV) of the December 12 event came from mobile, with shoppers spending an average of 12 minutes on Lazada […]

Retail Asia15/12/2016
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2min0
Thai mobile market leader AIS plans to invest at least 40 billion baht ($1.12 billion) to expand its 4G network to improve take-up and performance. AIS has been spending heavily to deploy its 4G network and now expects to achieve 98% population coverage by the end of the year. But only around 25% of AIS’ […]

Retail Asia14/12/2016
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4min0
Thailand’s Greyhound Cafe has opened its 13th international outlet, marking its debut in Singapore. It has 14 cafes in Bangkok plus outlets in Beijing, Hong Kong, Kuala Lumpur and Shanghai. For Greyhound, the cafe was actually an afterthought to complement to brand’s fashion line. In 1997, founder Bhanu Inkawat was offered an empty unit next […]


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