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Tag: Thailand

  • Tokyo’s Brand Off launched in Siam Square Bangkok

    Tokyo’s Brand Off launched in Siam Square Bangkok

    Second-hand branded designer products retailer Brand Off Tokyo is about to open its first flagship store for Thailand.

    It will be run by Money Cafe Company, which owns Money Pinkoo Pawn Shop.

    Brand Off Tokyo has more than 60 branches (50 in Japan, eight in Hong Kong and four in Taiwan), with its Thailand outlet offering more than 300 designer bags, watches and jewellery items that are all 100 per cent guaranteed authentic. The 200sqm store is in Siam Square Soi 3.

    To expand its family business, Money Cafe looked into buying and selling used designer and branded goods, so it contacted Brand Off Tokyo, says CEO Shusak Tanglertsamphan.

    Gallery of the store can be viewed below :

    “We feel that using second-hand products and resources is a social responsibility that leads to waste reduction. Sharing high-value products and product satisfaction at lower costs is not only good for our customers, but also for our society and environment.” says Tanglertsamphan.

    Brand Off Tokyo is one of three original second-hand trading stores in Japan but the only one to have expanded overseas. It has product specialists on staff and is a member of the Association Against Counterfeit Product Distribution (AACD).

  • Takashimaya is more losing money than profit

    Takashimaya is more losing money than profit

    Just one of Japanese department store chain Takashimaya’s three overseas stores is currently trading at a profit.

    But the company says it believes it can make them all profitable by 2023, including a fourth store set to open in Bangkok late this year.

    The successful store is on Singapore’s Orchard Road, which opened in 1993 and is reportedly earning more than 3 billion yen (US$27.2 million) annually.

    The chain’s Shanghai store, which opened in 2012, has been hampered by delays in the completion of neighbouring projects which would have drawn higher visitor numbers, along with administration costs running over budget. According to a report published by Nikkei, the store is expected to post its seventh consecutive loss in the 12 months to February next year, but should make money in 2020.

    The Ho Chi Minh City store in Vietnam, which opened in 2016, has “struggled from the start” according to Nikkei, its offer apparently too expensive for middle-class Vietnamese consumers. The company plans to boost sales by “broadening offerings of everyday items for families” which it hopes will lead it into profit in the 2022 year.

    The planned Siam Takashimaya store will be one of the anchors of Siam Piwat’s IconSiam, currently under construction and scheduled to open late this year – possibly in October.

    Takashimaya anticipates the Bangkok store to be profitable in its first year, thanks to rent concessions.

    The company’s president, Shigeru Kimoto, said it plans to continue Southeast Asian expansion, despite the challenges to date because it sees potential in the region.

    “In the long term, we seek to capitalise on Asia’s growth,” he said.

  • Ride-Hailing Firm Go-Jek to Expand Abroad

    Ride-Hailing Firm Go-Jek to Expand Abroad

    Indonesian ride-hailing and online payment firm Go-Jek on Thursday said it would enter Vietnam, Thailand, Singapore and the Philippines in the next few months, investing $500 million in its international push.

    The move will start with ride-hailing services before expanding to other sectors, Go-Jek said in a statement.

    “People in Vietnam, Thailand, Singapore and the Philippines don’t feel that they’re getting enough [choice] when it comes to ride-hailing,” chief executive Nadiem Makarim said in the statement.

    The announcement comes after Uber Technologies Inc sold its Southeast Asian operations to local competitor Grab.

    Go-Jek said it was working with regulators and other stakeholders across the region to prepare for the new operations.

    The expansion follows Go-Jek’s latest round of fundraising, which brought investment from companies including Astra International, JD.COM, Tencent and Temasek.

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  • DBE Gurney to open Harumi fried chicken brand quick service restaurants in Thailand

    DBE Gurney to open Harumi fried chicken brand quick service restaurants in Thailand

    D.B.E. Gurney Resources Bhd’s subsidiary, D.B.E. Poultry Sdn Bhd (DBEP) has on May 23, 2018 entered into a joint venture agreement with Farmmesh Foods Co LTD (FFCL) to open and jointly operate Quick Service Restaurant operations with Harumi™ fried chicken brand concept in Thailand.

    The deal is following a Memorandum of Understanding signed between the parties on March 8, 2018.

    DBEP will hold a 30% interest in Super Harumi Thailand, while FFCL will take the remaining 70%. DBEP will inject an initial capital of RM37,000 into the joint venture, along with providing training and the running of the business.

    DBE Gurney said the JV business will enable it to expand its retailing business through HARUMi products and allow it to expand to Thailand following its early expansion into Taiwan, in addition to the existing outlets in Malaysia.

    The stock trading half a sen lower at three sen with some 1.3 million shares changing hands.

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  • Siam Piwat adds top brands under ‘One Siam’ banner

    Siam Piwat adds top brands under ‘One Siam’ banner

    Four global brands have opened stores in the One Siam precinct in downtown Bangkok, two of them the retailers’ largest concept stores in Southeast Asia.

    Siam Piwat, parent of Siam Paragon, Siam Center, and Siam Discovery, is combining the properties under the One Siam banner to entice shoppers and encourage cross-patronage.

    The new stores are:

    • Spanish brand Cos, a subsidiary of H&M, has opened its first store in Thailand, taking 546sqm on the first floor of Siam Paragon.

    • Onitsuka Tiger, a subsidiary of Asics, has opened its largest store in Southeast Asia, taking up 300sqm of the ground floor of Siam Center.

     

    • Thai bag, shoes and accessory brand Lyn has opened its first concept store in Thailand on the ground floor of Siam Center.

    • Tokyo dessert brand Croquant Chou Zakuzaku has opened its first Thai branch, on the mezzanine floor of Siam Center.

    Cos MD Marie Honda, describing Thailand as “a vibrant country,” has high expectations for the brand in its newest international market. “We hope our customers will enjoy this new location, which brings to life our commitment to functional design and quality.”

    Croquant Chou Zakuzaku is the latest brand from Bake Cheese Tart Thailand company, serving what it describes as a “wearable choux” concept. “Each choux is unique in an unconventional way and like a fashion item to enjoy any time,” the company said of the concept. The shop also sells soft-serve ice cream made from Hokkaido milk.

    The new Lyn concept store is decorated with black glass and gold metal, designed to portray its “affordable luxury” market positioning and an identity of “trendy, sexy, elegant and sophisticated”.

    Mayuree Chaipromprasith, senior executive VP to Siam Piwat says the One Siam malls are drawing steady enquiry from international brands seeking retail space because of the group’s focus on innovative lifestyle.

    “We focus on offering new concepts to develop new projects, retail businesses and a variety of cutting-edge lifestyle concepts which never existed before in Thailand, or even for their first time in the world,” she said.

    Meanwhile, the Ecotopia zone on the fourth floor of Siam Discovery has introduced some new brands for a health-conscious clients: Bija – skincare products based on rice; Greenhouse & Thlos – organic products that support communities; ZweetHerb – sugar substitute derived from natural stevia; Hyper Design Lab – home decor products designed from natural and wasted materials.

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  • Alibaba supports Thailand’s TrueMoney

    Alibaba supports Thailand’s TrueMoney

    Chinese e-commerce giant Alibaba Group Holding is backing Thai conglomerate Charoen Pokphand’s TrueMoney payment service, which will expand to Bangkok’s train services as early as September.

    Passengers will be able to pay fares and shop at station kiosks by scanning a QR code on their smartphone screen.

    Alibaba’s Ant Financial owns about 20 per cent of TrueMoney, which aims to expand its network 10-fold to 100,000 locations by the end of this year. Users can charge their accounts at Thailand’s more than 10,000 7-Eleven convenience stores, which are run by the Charoen Pokphand group in Thailand, or link them to a credit card or bank account. The group also has 27 million subscribers of its telecom company True.

    Next, say industry observers, cafes and fast-food chains, including KFC, are on the radar for TrueMoney, which aims to overtake Rabbit Line Pay, the market-leading service from Japanese messaging app provider Line and elevated train service BTS Group Holdings. About 60 per cent of Thailand’s population uses the Line chat app, with users of the mobile pay service now numbering about 3 million.

    Alibaba partnered with Philippine conglomerate Ayala last year and launched mobile payments mainly at shopping malls and supermarkets.

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  • AEON and Thai Airways launches “AEON Royal Orchid Plus World Mastercard” Offering Exclusive World Class Travel Experiences

    AEON and Thai Airways launches “AEON Royal Orchid Plus World Mastercard” Offering Exclusive World Class Travel Experiences

    Recently, Mr.Kiyoyasu Asanuma (Middle), Managing Director of AEON Thana Sinsap (Thailand) Public Company Limited and Mrs.Priyasiri Juathes (2nd from left), Vice President of Product and Guest Experience Department of Thai Airways International Public Company Limited together with Mr.Donald Ong (2nd from right), Country Manager Thailand and Myanmar, Mastercard launched, “AEON Royal Orchid Plus World Mastercard” with the concept of ‘Enjoy the Traveling Freedom’ offering the ultimate travel experiences and superior benefits for both business people and jetsetters. For every 15 baht spend in foreign currency, card member will earn 1 AEON Royal Orchid Plus Reward Point. Card member will also earn cash back for up to 36,000 baht per year from spending in both Thailand and oversea. Moreover, they will get 50% cash back when purchasing a second Thai Airways Business Class Air ticket by using AEON Royal Orchid World Mastercard.

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  • Watsons Thailand embraces both online and offline approach

    Watsons Thailand embraces both online and offline approach

    Health and beauty retailer Watsons Thailand has announced it will have an “O and O” (“online+offline”) focus for its growth this year.

    AS Watsons regional MD Rod Routley says a strong store network, digital capabilities and growing e-commerce platform position the company well to meet evolving customer expectations.

  • Thai Lion Air increases flight frequency from Jakarta to Bangkok

    Thai Lion Air increases flight frequency from Jakarta to Bangkok

    Thai Lion Air, a subsidiary of Indonesia’s largest private airline, Lion Air, increased its Jakarta-Bangkok service from once a day to twice on Monday.

    The additional SL116 flight, which uses a Boeing 737-900ER, will depart from Don Mueang International Airport at 9 a.m. local time and arrive at Soekarno-Hatta International Airport at 12:30 p.m. Meanwhile, the return SL117 flight takes off at 1:10 p.m. and lands in Bangkok at 5 p.m.

    The additional frequency aims to tap into the potential of connecting Asian cities, as passengers from Jakarta will be able connect to other cities from Bangkok, such as Chiang Mai, Chiang Rai, Phuket, Hat Yai, Singapore, Yangon, Hanoi, Taipei, Mumbai, Changsha, Chengdu, Chongqing, Guangzhou, Hangzhou, Nanchang, Nanjing, Shanghai, Xi’an and Zhengzhou.

    “This new service is our answer to the high demand for air transportation in Southeast Asia,” said Thai Lion Air CEO and chairman Capt. Darsito Hendro Seputro in a statement.

    Established in 2013, Thai Lion Air boasts 12 domestic networks and operates two regional flights and over 20 international destinations.

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  • AEON and Thai Airways launches “AEON Royal Orchid Plus World Mastercard”

    AEON and Thai Airways launches “AEON Royal Orchid Plus World Mastercard”

    AEON, in cooperation with Thai Airways, launches “AEON Royal Orchid Plus World Mastercard” with the concept of ‘Enjoy the World of Travelling Freedom’, offering the ultimate in travel experiences and superior customer benefits for both business people and jetsetters. It’s estimated there will be more than 5,000 new AEON cardholders this year.

    Mr. Kiyoyasu Asanuma, Managing Director of AEON Thana Sinsap (Thailand) Public Company Limited said: “AEON has always developed products and offered privilege benefits that focus on customer satisfaction and expand on our premium customer base. By focusing on our customers with a proactive strategy that benefits activities, such as spending and travelling, we can offer our premium customers experiences that truly benefit their lives.

    Taking a step further in AEON’s expansion into the premium market is its cooperation with leading partners, THAI Airways and Mastercard. “AEON Royal Orchid Plus World Mastercard” under the concept ‘limitless travel opportunities’, is part of a new generation of credit cards that double as a personal assistant in creating a trip. It aims to fulfill the needs of target groups with an income of 70,000 baht per month or above, providing value and benefits that compliment their premium lifestyles.

    AEON Royal Orchid Plus World Mastercard enables cardholders to travel around the world with exclusive privileges. For every 15 baht spent in foreign currency they’ll earn 1 AEON Royal Orchid Plus Reward Point. When spending in foreign currency, premium customers are eligible to earn cash-back of up to 36,000 baht per year on global spending. Moreover, when purchasing a second Thai Airways Business Class ticket, they’ll be eligible for 50 percent cash-back as well as access to the Royal Orchid Lounge at Suvarnabhumi Airport and a Lounge Key to 850 leading airports around the world.

    Additionally, customers can enjoy exclusive privileges with AEON Personal Assistant, a 24-hour worldwide concierge that will ensure that all requirements of cardholders are provided professionally and personally, anywhere, anytime. Furthermore, this also includes travel accident insurance coverage of up to 31 million baht, as well as compensation for any lost wallet and the items inside; or any damage incurred from online shopping through the Wallet Protection Insurance and Mastercard E-Commerce Protection plan.

    In celebration of the AEON Royal Orchid Plus World Mastercard launch, customers spending with the AEON Royal Orchid Plus World Mastercard within 30 days of activating the card will receive 2,000 bonus miles from Thai Airways. Additionally, customers can earn 15,000 miles or receive up to 50 percent discount when purchasing an iPhone X (256 GB) if they spend with AEON Royal Orchid Plus World Mastercard within 60 days of activation under company terms and condition. This offer is valid from today until 31 July, 2018.

     

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  • KBank teaming with Com7 to expand the BaNanas IT stores

    KBank teaming with Com7 to expand the BaNanas IT stores

    Com7 has teamed with Kasikornbank (KBank) to expand the BaNana store chain, enabling younger consumers to access IT products and services more conveniently.

    Their first joint BaNana pilot branch was in Yasothon, and the two companies plan to have 20 more mini-branches by year’s end offering more diverse retail business and comprehensive financial services in Thailand, says Com7 CEO Sura Khanittaweekul.

    The listed company aims to achieve 600 branches under its management by the end of the year, up from 434 last year. Com7 has set an income-growth target of not less than 15 per cent for this year. Last year’s income came in at THB22.584 billion and net profit at THB608.8 million, both records for the business.

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  • AirAsia now flies directly from Penang to Hanoi and Phuket

    AirAsia now flies directly from Penang to Hanoi and Phuket

    AirAsia is flying directly to two popular Asean destinations from Penang – bringing the popular Malaysian state closer to Hanoi in Vietnam and Phuket in Thailand. Starting from July 1, flights to Hanoi will operate four times weekly while flights to Phuket will operate daily.

    AirAsia Malaysia commercial head Spencer Lee said Penang is a great tourism hub due to its Unesco World Heritage status, vibrant cultures and beautiful architecture.

    “More importantly, its strategic location at the crossroads in the region has helped boost the growing inbound and outbound travel demand that saw seven million tourist arrivals via air travel last year,” he said.

    Lee added that the new routes will improve the tourism sector in the region. “We are positive that the latest routes will significantly contribute to the tourism sectors of all three countries to become a desirable tourism region for travellers across the world,” he said.

    Hanoi is one of Vietnam’s main cultural centres and is steeped in rich history. The capital city boasts a bustling yet laid back atmosphere with attractions easily explored on foot such as the Hoan Kiem Lake with its famous red bridge that will lead you to the Ngoc Son or Temple of Jade Mountain located on Jade Island.

    Travellers can soak up the emerald green beauty of Halong Bay that is made up of over 3,000 limestone islets and home to caves and grottos as well as fishing villages.

    The picturesque town of Sapa in the north also awaits travellers with its rugged scenery of rice terraces and lush greenery popular for mountain trails or cycling expeditions. In addition to Sapa, travellers can also opt for other parts of northern Vietnam such as Son La and Bac Ha.

    A tour around Phuket’s town will uncover many charming old world architecture.

    Meanwhile, Phuket is more than Patong’s endless beach umbrellas and Soi Bangla’s nightlife. There are several beautiful beaches, breathtaking viewpoints, and both relaxing and extreme activities to fill your itinerary.

    A winding road leads to the top of Nakkerd Hill, where the Big Buddha marble statue looks over the island. Then, move into the interior of Old Phuket Town for a walking tour of this once-neglected district.

    Also, don’t miss the islands of Phang Nga Bay. Whether paddling into lagoons within limestone cliffs on a kayak or taking a speedboat tour of James Bond Island and the village-on-stilts Koh Panyee, you’re bound to have a memorable day cruising around these dreamy islands.

  • AirAsia Campaign Encourages Thai Travelers to Travel During the Week

    AirAsia Campaign Encourages Thai Travelers to Travel During the Week

    BDO Bangkok has released a follow up to a clever print campaign to encourage Thais to travel on AirAsia during the week, rather than over the weekend when Thailand’s tourist destinations are busier.

    To illustrate this, the campaign uses scenes from ordinary life to look like calendars – emphasising that the weekdays are less hectic.

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  • Continental extends inbound deal with Kerry Logistics

    Continental extends inbound deal with Kerry Logistics

    Kerry Logistics has secured a four-year extension to its contract with the tyre-making division of tier supplier Continental.

    The third-party logistics provider’s division in Germany will handle international ocean freight export of tyres and provide logistics services for Continental’s procurement of raw materials to production sites worldwide, mainly from Asia.

    Kerry Logistics’ German division has been working with Continental for more than 25 years in providing procurement operations for raw materials including rubber, carbon black and steel cord from Asian source countries including China, Thailand, Japan, Malaysia, Indonesia and India.

    Kerry has 40 logistics professionals managing the transport of materials from Asia to western Europe. Continental’s tyre division has seen an increase of more than 10% in materials moved in recent years. The 3PL said it was now organising logistics solutions for Continental sites in 13 countries and managing transport services, as well as partly acting as customs broker. In addition, Kerry Logistics is now providing warehousing and distribution solutions in China and the United Arab Emirates.

    “We are delighted to continue our cooperation with Kerry Logistics,” said Jorge Almeida, senior vice-president, rubber division purchasing and corporate indirect materials at Continental. “Kerry Logistics’ global network supports us in our growth strategy and expansion of our international business. The team in Bremen provides tailored solutions that meet our supply chain demands, leveraging our sourcing and export activities in multiple countries.”

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  • AEON Shares Double Happiness at 18th Money Expo Bangkok

    AEON Shares Double Happiness at 18th Money Expo Bangkok

    AEON Thana Sinsap (Thailand) Public Company Limited is preparing to offer a variety of promotions at the 18th Money Expo Bangkok. AEON will be on hand to provide products and information on a variety of financial services, including Personal Loans; Your Cash; AEON Auto Loan; Cash Advance, AEON member applications and the special promotion with Honda motorcycle installment plans, with 0.89% interest rate for 48 months or a gold installment loan with 0% interest rate for 6 months. In addition, AEON shares double happiness to customers who spend according to the conditions. 1st Happiness is a chance for instant win, round trip Thai Airways ticket from Bangkok to Japan for 2 persons or a 1 Baht/15.16 grams gold necklace valued 20,020 THB, 2nd Happiness is Big C gift vouchers, Harry Handed doll pillow, Valentino Rudy summer bags and much more.

    There will also be performances from famous singers on all three days, led by Khun Tom Room 39,Khun Ice Saranyu and Khun Kong Saharat joining the promotion-packed at 18th Money Expo Bangkok from May 10-13 at Impact Muang Thong Thani, 2-3 Challenger Hall.

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