In the wake of recent floods, what measures can the government adopt to support a rapid recovery in consumer demand, especially in retail?
Thailand Retail
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Interviews & Viewpoints | OBG talks to John Christie, CEO, Ek-Chai Distribution System (Tesco Lotus) from The Report: Thailand 2012
Articles & Analysis | Online and clicking: Web-based shopping increases in popularity from The Report: Thailand 2012
While the e-commerce market in Thailand still lags behind those in regional peers, it is fast making up for lost ground. With a population of some 21m internet users in 2011 (up from 18.3m in 2009), a full 12m of whom connect via mobile devices, there is certainly scope for further growth. Indeed the increases are not just in Bangkok. “While the...
Articles & Analysis | A resilient market: Despite some challenges in 2011, major international and local brands continued to expand and upgrade from The Report: Thailand 2012
Whilst its vibrant traditional markets remain a draw for tourists, Thailand’s large and growing modern retail sector, which accounts for approximately 40% of all sales, has attracted a number of domestic and international investors. Consumer demand has been particularly resilient even in the face of the most extreme events, with household...
Articles & Analysis | A growth driver: The home improvement segment continues to expand from The Report: Thailand 2012
With families increasingly choosing to live independently and with incomes rising, particularly upcountry, Thailand’s home improvement segment has emerged as a dynamic and particularly competitive one. In greater Bangkok alone, an estimated 80, 000-100,000 new houses and some 30,000-40,000 new condos are registered every year.
Economic growth, government price support for agricultural commodities, and stimulus programmes have all contributed to robust retail growth over the past several years. Modern hypermarkets such as Tesco Lotus and Big C continue to dominate the sector, although popular criticisms of their hegemony have prompted a Retail Act that if passed would restrict their expansion. The mall sector is...
Located in the heart of South-east Asia, Thailand combines an ancient Buddhist culture with an emerging industrial economy. It is the only South-east Asian country never to have been colonised, and the monarchy dates back to the 14th century.