Tag Archives: Thailand

Thailand’s Central Pattana invests US$3.1 billion in shopping centres

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(Source: Inside Retail Asia | June 11, 2018) Thai shopping centre owner Central Pattana says it is revitalising its premium malls to “pioneer future trends of retail and tackle the digital era”. Under a “five-year vision” it calls ‘Co-creating Center for Life” – a name which appears to have lost its actual meaning in translation from Thai – it will ...

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Chinese e-commerce giant Alibaba sets plans for Thailand

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(Source: Business Insider UK, AP | April 19, 2018) The Chinese e-comm shopping giant, Jack Ma, met with Thailand’s prime minister, Prayuth Chan-ocha, on Thursday and signed an agreement to help set up a “smart digital hub” to facilitate trade between Thailand, China, Laos, Myanmar, Cambodia and Vietnam. Reports said the hub, due to be completed next year, would also ...

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First Uniqlo Roadside Store opens in Southeast Asia

(Photo from: The Nation)

(Source: Business Mirror| April 3, 2018) The fashion trend has greatly evolved over the years. It is clear that today, the casual wear or prêt-à-porter (ready-to-wear) market has taken over the high-fashion couture labels. Obviously, people want clothes that are comfortable, practical, and can be mixed-and-matched. Consumers even have the power to shop online because these brick and mortar retailers ...

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Central Group pegs $6 billion for expansion

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(Source: Inside Retail Asia | March 6, 2018) Thailand’s Central Group plans to invest more than THB200 billion (US$6.3 billion) over the next five years on expanding its retail and hotel properties in Thailand and abroad. It is especially targeting Vietnam, where it expects its retail business to grow by four times over the period. The group aims for total ...

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TripAdvisor China partners with Thai retailers

07-16 TripAdvisor China partners with Thai retailers

(Source: Inside Retail Asia | July 7, 2017) Travel site TripAdvisor China has partnered with five retail groups in Thailand to further enhance the shopping experience for Chinese tourists in Bangkok. TripAdvisor says Chinese travelers show more interest in visiting Thailand than any other inbound market. Chinese users of its website continue to grow year-on-year by 56 percent. During the ...

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Central Group turns focus to e-commerc

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(Source: Inside Retail Asia | 7 March 2017) Thai retail giant Central Group aims to raise the share of its e-commerce sales to 15 percent (%) over five years, up from the present 1%. Presenting the company’s annual business plan, CEO Tos Chirathivat says the group will aggressively pursue expansion in the digital realm this year. About 10 % of ...

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Philippines leads rise in consumer confidence

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(Source: Inside Reatil Philippines | 24 February 2017) While consumer confidence in the Philippines, Thailand and Vietnam is strong, this is not so much the case in Singapore and Malaysia, according to a new Nielsen survey. Its Global Survey of Consumer Confidence and Spending Intentions shows the Philippines confidence index rose from 119 to 132 last year, the highest increase ...

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Siam Makro buys four food companies

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(Source: Inside Retail Asia | 4 November 2016) Siam Makro, which runs the Makro cash-and-carry store chain, has clinched a 3-billion-baht (US$85.75 million) deal to acquire four food companies. Through its wholly owned subsidiary Siam Food Services, Siam Makro has entered into an agreement to acquire an 80 per cent stake in each of Indoguna (Singapore), a listed firm on ...

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Mall of Korea plans more shopping malls in Thailand

Mall of Korea

(Source: Retail in Asia | 2 September 2016) The Mall of Korea (MOK), a group of Korean entertainment companies, is set to expand its business in Thailand, beginning with a new shopping mall at Show DC, scheduled to open its doors in November. MOK already occupies 18,000 square metres with an investment of Bt1 billion in the K-District project at Show ...

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Asia boosts Tesco recovery

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(Source: Inside Retail Asia | 13 April 2016) International divisions – including Tesco Lotus in Thailand – led a Tesco recovery in the latest quarter, as the global giant revealed a solid turnaround for the full year. Group-wide like-for-like sales in the three months to February 27 rose 1.6 per cent. Within that, UK sales rose just 0.9 per cent, ...

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