Despite the country’s tepid economy, retail operators remain busy with their expansion this year, increasing the total new retail supply this year by over 20%. Surachet Kongcheep, associate director of research at property consultant Colliers International Thailand, said 148,610 square metres of new retail space were added to the retail market during the first three […]
Read MoreThe Bank of Thailand’s rate-setting committee foresees further economic growth but is concerned over rising bad loans in the short term and search-for-yield behaviour increasing amid the low-interest-rate environment. “The committee expressed concerns over the high level of non-performing loans (NPLs) that will remain elevated in the short term,” according to the minutes of the […]
Read MoreFacebook, 7-Eleven and Lazada top the 10 best perceived brands among millennials in Thailand, according to a YouGov BrandIndex survey. The three brands achieved the highest word-of-mouth scores in the survey, a notch above Line and KFC, which rank fourth and fifth respectively. The ranking is dominated by fashion retail brands, with three out of […]
Read MoreThe government is planning another project to support small and medium-sized enterprises (SMEs) through selling products on flights, says Industry Minister Uttama Savanayana. The move is part of the Pracha Rat project to support the local economy, and is expected to start with the sale of products on Thai Smile flights next year, he said. […]
Read MoreThe cabinet yesterday approved 4 billion baht from the National Broadcasting and Telecommunications Commission (NBTC) budget to develop a “doing business” portal, envisioned as a one-stop solution for helping startups. According to Kobsak Phutrakul, assistant minister to the Prime Minister’s Office, the portal is a business licensing platform that will deliver a more user-friendly and […]
Read MorePETALING JAYA: A group controlled by Thailand’s third richest man, Charoen Sirivadhanabhakdi, is said to be looking to taking a substantial stake in the Kentucky Fried Chicken and Pizza Hut restaurant chain in Malaysia. Charoen, through his majority controlled Thai Beverage PCL, which brews and markets Chang beer, is in the process of taking over […]
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Thailand
