The Hanoitimes – The Vietnamese retail market would hardly attract more European retail groups in the mass segment due to the harsh competition. Large Western retailers namely Metro, BigC, Auchan have left Vietnam due to inappropriate business strategy, fierce competition with local and regional peers and the rapid growth of e-commerce, Ho Chi Minh City Law […]
Read MoreStarbucks Corp agreed to license its Thailand operations to a partner, in the latest sign that the coffee behemoth is sharpening its focus on its key markets of China and the US. The company entered into an agreement with Coffee Concepts Thailand, a joint venture between Maxim’s Caterers Ltd and Thai partner F&N Retail Connection […]
Read MoreBank Indonesia projects inflation at 0.51 percent in May, higher than the previous month, with year-on-year (yoy) inflation estimated at 3.14 percent. In April, the inflation rate was recorded at 0.44 percent. BI Governor Perry Warjiyo said the factors that pushed inflation up was mainly airfares, red chili and garlic, while deflationary factors included rice […]
Read MoreThe pay and benefits packages of expatriates in Thailand saw a major increase, with the overall package of an average overseas worker increasing by US$27,917 year on year, according to a new survey. Lee Quane of ECA International said the MyExpatriate Market Pay report reflected Thai economic growth He said: “The Thai economy has continued […]
Read MoreBank Indonesia (BI) has announced it will not operate from June 3 to 7, when Muslims celebrate the Idul Fitri holiday, marked by the exodus of millions of people to their hometowns. In a statement published on its official website, BI said the decision was made in reference to a joint decree issued by the […]
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Thailand
