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Thailand: Central eyes e-commerce top spot

Central Retail Corporation is ready for the e-commerce race, aiming to double its online sales to 10 billion baht this year.  Nicolo Galante, chief executive of Central Group’s retail business, said the company is investing billions of baht in technology, teams and new services in order to take the lead in the e-commerce business by 2021.  […]

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Thailand’s digital advertising poised for growth

Digital advertising in the country this year should reach 124 billion baht, marking growth of 4.8%, thanks to consumer sentiment rebounding, the upcoming general election, government stimulus and fast online media growth, says a marketing and media network.  The digital channel will have growth of 20% and is expected to nearly equal the value of TV […]

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Thailand: Brighter prospects for e-commerce

Thanks to the growing popularity of online shopping in Thailand, e-commerce is expected to have the brightest growth prospects this year, while book rental, handicraft and conventional furniture are forecast to face the bleakest outlook.  Thanavath Phonvichai, vice-president for research at the University of the Thai Chamber of Commerce (UTCC), said Thais buy more products online […]

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Thailand: Franchise ventures see rapid growth

Thailand’s franchising business is thriving, with more than 50 food and services chains planning to explore opportunities in Thailand this year, says a franchise consultancy.  Sethaphong Phadungpisuth, managing director of Gnosis Co, said those chains are from both local and international brands. Most of them are in the food, beverage, learning centre and cleaning sectors.  Thanks […]

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