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Thailand: Retail’s future lies in Big Data about customers

THE EXPANSION of distribution channels to physically cater to shoppers in front of their homes, along with enhancing Big Data analysis to capture purchasing behaviour of individual shoppers, have recently emerged as two major new strategies by major retailers. Controversy has followed as major retailers struggle to increase sales and market share, including by violating […]

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Mekong summit sees $66B worth of projects agreed to

Six countries pledged to enact $66 billion worth of projects over the next five years at the Greater Mekong Subregion (GMS) Summit in Hanoi on Saturday, with Cambodia-specific projects scheduled to receive the least amount of funding of any participant. Representatives from the six GMS countries – Cambodia, Laos, Thailand, Vietnam, China and Myanmar – […]

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Thailand: SCB sees economy growing 4% this year

Siam Commercial Bank EIC’s latest forecast points to continued expansion of the Thai economy at 4 per cent year on year in 2018, buoyed by improving external demand and recovering investment. The tourism and export sectors will continue to be the main growth drivers of the economy this year thanks to strong fundamentals of the […]

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Thailand: Inflation up 0.79% y-o-y in March, below forecast

Thailand’s annual headline inflation rate rose in March, but missed forecasts and was below the central bank’s target range, giving policymakers leeway to keep monetary policy loose to help economic growth. The headline consumer price index rose 0.79% in March from a year earlier, after February’s 0.42% increase, commerce ministry data showed on Monday.  A […]

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Myanmar seeks closer Thai business ties

THOUGH MYANMAR received only US$123 million (Bt3.84 billion) from Thai investments in the previous fiscal year ending on March 31, the nation’s investment body foresees a significant inflow of Thai businesses over the next few years. Aung Naing Oo, secretary of Myanmar Investment Commission and director-general at the Directorate of Investment and Company Administration, said […]

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Thailand: Colour-coded condo markets

Homebuyers and developers alike have been eagerly watching the progress of the new Orange, Pink and Yellow mass-transit lines that will serve the northern and eastern parts of the capital region. Construction is under way on the Orange Line and the developers of the Yellow and Pink monorail systems have secured financing for their projects.  Residential […]

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