Central
- Food
Grain expectations: Thailand’s biggest rice festival makes comeback
Thailand’s largest rice festival made a triumphant return last weekend, bigger and better than ever, celebrating the rich variety of rice from across the nation in a single grand event. Rice is regarded as the cornerstone of Thai life and culture, a cherished heritage passed down through generations. This includes local wisdom in rice cultivation, which must be preserved and…
- Lifestyle
Central Department Store Group and The 1 Launches The 1 EXPAT
Central Department Store Group, under Central Retail, has partnered with The 1—Thailand’s largest digital lifestyle and loyalty platform with over 21 million members—to launch The 1 EXPAT, a membership programme that redefines the shopping experience for expatriates in Thailand. Integrated within The 1 application, The 1 EXPAT is designed to provide expats with not only tailored shopping privileges but also…
- Events
Central Halloween night party: A night of frightful fun and spooky surprises
Get ready for a ghoulishly good time at the Central Halloween Night Party, held exclusively for the expat community in Bangkok! Join us on Thursday, October 31, at Lofter on the 6th Floor of Central Chidlom for an unforgettable Halloween night filled with thrills and chills. Bring your family and friends to enjoy a night packed with fun activities including…
- Press Room
Central Group forms a new partnership with PIF in Selfridges Group
Central Group, a family-owned retail, real estate and hospitality conglomerate announced today its new partnership with PIF following PIF’s total buyout of Signa Group’s interest in Selfridges Group. Under this new partnership, Central Group will own a 60% stake, while PIF will hold 40% of both Selfridges Group’s operating and property companies. The deal includes new investment by both Central…
- Business News
Thai central bank to cut rates as US economy slows
The US economy is anticipated to face a cyclical slowdown from late next year into 2025, prompting the Bank of Thailand to reduce its policy rate by up to 1.5 percentage points, according to KGI Securities (Thailand). KGI analysts, Rakpong Chaisuparakul and Pragrom Pathomboorn highlight in their report that this slowdown will normalise the labour market and make US consumers…
- Press Room
Central Chidlom hosts ‘Luxe Night Out’ with celebrities in Bangkok
Central Chidlom, under Central Retail, proudly celebrated the unveiling of the new ‘Luxe Galerie’ zone at Central Chidlom with the elegant “Luxe Night Out” stylish soiree. Esteemed figures from the fashion industry were in attendance, offering their congratulations on this world-class addition to Thailand’s luxury retail landscape. Reaffirming our half-century standing as Thailand’s premier fashion destination, Central Chidlom—The Store of…
- Business News
Central Retail reports 6% revenue boost to 67.3 billion baht
Central Retail Corporation‘s first quarter earnings report revealed a robust performance, with a 6% revenue increase to 67.3 billion baht (US$1.84 billion). Significantly, the company’s net profit jumped by 14% to 2.52 billion baht (US$ 70 million) compared to the same period last year. Under the leadership of Yol Phokasub, the company has seen a notable shift towards omni-channel retailing,…
- Thailand News
Wallaya Chirathivat shapes Thailand’s retail industry
Thailand’s retail industry has been dramatically shaped by the innovative leadership of Wallaya Chirathivat, the President and Chief Executive Officer of Central Pattana Plc (CPN). As the head of one of the country’s most influential retail and property development firms, Wallaya’s strategies have led to significant advancements in the retail sector and her achievements have been recognised both locally and…
- Business News
CRC projects 9-11% revenue growth driven by tourism boost
Central Retail Corporation (CRC) is expecting revenue growth of 9-11% in 2024, with the primary drivers being a resurgence in tourism and increased consumption. However, concerns have been raised about a potential influx of inexpensive imported goods. Yol Phokasub, CRC’s chief executive, articulated that despite the sluggish economic growth, the overall spending confidence in Thailand remains above average for the…
- Thailand News
Central Group grabs Ploenchit Road for record-breaking 16 million baht per square metre
The land price per square wah in the heart of Bangkok is set to smash records, with Central Group snatching up a plot on Ploenchit Road from the Sukosol family at 4 million baht per square wa (16 million baht per square metre). This coveted three-rai plot, formerly the Morakot parking lot nestled between Central Chidlom and Soi Somkid, has…
- Business News
Thailand’s Central Retail eyes potential investment in Selfridges
Central Retail Corp., a leading retailer in Thailand, indicated potential interest in investing in Selfridges, the renowned department store, given the right circumstances. The company outlined their investment criteria in a recent statement to the Thai stock exchange, stating that any new venture must align with its strategic business plan, be reasonably priced, and have optimal timing. The company made…
- Business News
Post-pandemic business growth: CMG aims for 20% revenue boost relying on beauty trends
In an era marked by a surge in consumer-based beauty industry trends, Central Marketing Group (CMG), a key Central Retail Corporation subsidiary and renowned distributor of over forty top-notch global brands, targets a 20% revenue business growth for their beauty segment this year. The company’s president, Edwin Yap Hawson, notes that the anticipated business growth can be credited to inventive…
- Thailand News
“Don’t wait, get checked”: Free lung cancer X-rays in Bangkok until Sunday
You can get a free lung X-ray scan on the first floor at CentralWorld in Bangkok until Sunday. Lung cancer is one of the leading causes of death in Thailand, so one hospital is running a campaign called “Don’t Wait, Get Checked” to try to detect lung cancer in its early stages. With the help of AI technology, you can…
- Property
Central Pattana reports B7.1 billion profit in 2021
Central Pattana, a retail and property developer in Thailand, made 7.1 billion baht in net profit and received 28.9 billion baht in revenue in 2021, despite Covid-19 challenges. CPN’s Chief Financial Officer described 2022 as another difficult year for the company since the pandemic has had a greater impact on customers’ lifestyles and numerous businesses than the previous year. “The…
- Bangkok News
Thailand’s retail giant Central plans 100 billion baht investment by 2026
Over the next 5 years, Southeast Asia’s largest retailer plans to invest 100 billion baht to grow its business even more. The Thailand-based Central Retail Corporation Pcl, which has more than 20 department stores and shopping centres across Thailand as well as two outlets in Indonesia, says the investment, which is around US$3.03 billion, is aimed at increasing revenue and…
- Economy News
Shopping centres, supermarkets and convenience stores to close an hour earlier in Red Zones
With the rising reported cases in Thailand, The Thai Retailers Association and Thai Shopping Centre Association has adjusted closing times for shopping centres, supermarkets and your local convenience stores. The situation applies for red zone provinces only at this stage. The new closing times will operate until at least May 2. • Shopping centres will close at 8pm • Supermarkets…
- Northern Thailand News
Heavy rains predicted for East, South and Central Thailand
Isolated heavy rain is forecast for the East, the Central region and the South. People in the areas are advised to beware of severe conditions. Thailand’s Meteorological Department predicts that the southwest monsoon over the Andaman Sea and Thailand is weak, while the easterly wind moves to cover the East, the Central, the South and the Gulf. From Monday to…
- Thailand News
Thailand News Today – Thursday, May 28
Thailand’s Covid-19 figures Today the Centre for Covid-19 Situation Administration has announced 11 new cases of coronavirus disease for Thailand. All confirmed cases were reported as quarantined repatriates from overseas. This brings the national numbers to 3,065 confirmed Covid-19 cases. 1 was a 32 year old Thai woman, who returned from India last week. 6 other cases were aged 27-52…
- Economy News
Central buys Family Mart Thailand
Shopping centre operator Central Retail Corporation has bought 100% of Family Mart, one of Thailand’s major convenience store chains, as it “moves forward to develop a new business model to cater to modern consumers”. CRC’s chief executive officer says the acquisition will strengthen Central’s hold on the food market and convenience store business in Thailand, which is burgeoning. Since 2012,…
- Covid-19 News
Bangkok officials conduct spot checks on 200 shopping centres and retailers
Following the further easing of Covid-19 restrictions, officials in Bangkok are carrying out inspections on shopping malls, shops and restaurants to ensure the guidelines governing the “new normal” are being adhered to. Nation Thailand reports that the Bangkok Metropolitan Administration has assigned officers to conduct the checks across 50 districts in the capital. They will be checking that adequate social…
- Northern Thailand News
Tropical storms on the menu today for northeastern, northern and central provinces
Thailand’s northeastern, central and eastern provinces are threatened with tropical storm today. The country is currently in the shoulder season transitioning from the dry season to the wet season. Traditionally, Songkran, on April 13 each year, is the celebration of the coming wet season, coinciding with the Thai New Year. “According to the Thai Meteorological Department, a high-pressure wedge will…
- Thailand Weather Updates
Thunderstorms in the South, heatwave in the North
The Thai Meteorological Department forecast for today says that “a thermal low will blanket northern Thailand while winds from the south and southeast will bring humidity to the lower North, the Northeast, the Central and Eastern regions (forecasts for Chiang Mai, Bangkok and Phuket below). Weather continues to be humid and unsettled in the south as the south-westerly monsoon starts to build strength.…
- Northern Thailand News
Summer storm warning for 55 of Thailand’s 76 provinces
Today Thailand’s Meteorological Department warned people in 55 northern, north-eastern, central and eastern provinces to prepare for possible “strong winds and hail from summer storms”, that are expected through until Sunday. This time of the year is also know as the bridging season between the annual dry and wet seasons. Weather can be unsettled in parts of thailand during this…
- Thai Life
Thailand’s reservoirs and dams reaching critically low levels
The start of the annual wet season isn’t far away, maybe this month, but Thailand’s water sources are running on empty. The Department of Disaster Prevention and Mitigation reported today, that Thailand has seen a large drop of useable water in dams and reservoirs by an average of 30% of their capacity, due to the lack of rain in the…
- Environment News
Majority of Thais support single-use plastic bag ban
PHOTO: The Nation A survey by Suan Dusit Rajabhat University (Suan Dusit Poll), indicates that a vast majority of the Thai public see the value in banning single-use plastic bags. A number of Thailand’s major retailers are rolling out a ban on giving out single-use bags from January 1. The Ministry of Natural Resources and Environment aims to encourage people…
- Thai Life
Top 10 things to do in Phuket when it rains (2020)
Phuket really only has two seasons – wet and dry. The wet season usually runs from April to November each year. And when it rains, it pours! But there’s still plenty to do on the island, rain or sunshine. Best of all it’s always going to be around 30 degrees so it’s not cold or unpleasant. A 20 baht plastic poncho…
- Environment News
Old Thai habits die hard: Businesses are trying but shoppers remain stubborn
GRAPHICS: The Nation Thailand is now abuzz over the issue of plastic pollution. This topic is now being widely discussed among Thai netizens, who have been suggesting many measures, including controlling the use of plastic bags at supermarkets and convenience stores. But so much of daily Thai life still revolves around single-use plastics it is taking radical changes in behaviour and…
- Environment News
Thailand’s big retailers will stop handing out plastic bags in January 2020
“These partners have vowed to stop giving out single-use plastic bags to customers starting January.” The Thai environment minister has announced a major agreement from large retailers, plastic manufacturers and department stores to stop handing out single-use plastic bags to customers. The new program will start from next year. Over the past year several large retailers have come up with…
- Crime News
Woman abducted at gunpoint in Central Bang Na car park
PHOTOS: Relatives of the victim try and attack the suspect – Daily News A driver working in Bang Na allegedly abducted a woman at gunpoint and forced her to drive to a ‘short time’ hotel. 33 year old Kasira, a cosmetic sales employee, was sitting in her car doing her makeup in the car park of Central Bang Na preparing…
- Bangkok News
Central’s new Suvarnabhumi lifestyle centre set to open late August
PHOTO: Central Pattana Central Village, a new luxury retail outlet situated near Suvarnabhumi International Airport, is 70% finished. Wallaya Chirathivat, deputy chief executive of Central Pattana, says the new lifestyle shopping precinct is scheduled to open on August 31. Central says that retail space in Phase 2 have now opened after Phase 1 of the retail development was totally booked. They report…
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