Central
- 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
Centel posts impressive Q4 results with 9% revenue increase
Central Plaza Hotel Plc (Centel), known for operating Centara Hotels and Resorts, posted an impressive financial performance for the fourth quarter of 2023, with a total revenue of 6.02 billion baht marking a 9% increase year-on-year. The company’s yearly revenue for 2023 was also positive, amounting to 22.5 billion baht. This represented a significant growth of 24% or a revenue…
- 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
Thailand’s Central Group finalises acquisition of luxury retail chain Selfridges
Thailand’s Central Group and Signa Holding have finalised their deal to acquire luxury retailer Selfridges Group from the Canadian Weston family. Selfridges is famous for its iconic luxury department store on London’s Oxford Street. The Central Group has been operating for 75 years and is owned by the billionaire Chirathivat family, who sits at No.5 on Forbes Thailand’s 50 Richest…
- 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…
- Thailand Weather Updates
Flooding damages 5 northern provinces, more rains predicted today
5 provinces in Thailand’s North, namely Chiang Mai, Phayao, Lampang, Nan and Phrae, suffered serious flooding yesterday, causing damage in 15 districts, 189 villages and more than 1,400 households. Nan province suffered the most, with 960 households in 6 subdistricts damaged and 1 person dead. The director general of the Department of Disaster Prevention and Mitigation explained that the heavy…
- 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…
- Covid-19 News
Shopping centres, department stores prepare to reopen tomorrow
Department stores, shopping centres and larger restaurants, as well as other businesses across the nation, will begin gradually reopening tomorrow after nearly 2 months of closures due to the Covid-19 pandemic and the national state of emergency declared to fight it. The decision to go ahead with Phase 2 of the easing of restrictions was announced yesterday, but has yet…
- 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…
- Business News
Central “deeply appalled” by Nazi pics at their Christmas display
UPDATE: The family of one of the people in the photo, has contacted The Thaiger and asked us to remove the photo. We have blurred one of the faces to comply with their wish after a discussion on the matter. “Three French hens, Two turtle doves and a pair of Nazi’s in a Bangkok shopping centre”. A cultural collision, a…
- 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…
- Bangkok News
Central Village developer vows to plough ahead with Suvarnabhumi opening
PHOTO: Bangkok Post The developer of the luxury outlet near Bangkok’s Suvarnabhumi airport is vowing to continue with the opening of Central Village as planned. Airports of Thailand (AoT) is blocking the entrance to the 5-billion-baht development, scheduled to open this Saturday. Central Pattana Plc (CPN) is petitioning the Administrative Court for an injunction against AoT, with CPN President Preecha…
- 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…
- Food
We test drove the winner from the Phuket’s best burger competition
by Carl Gulliver Last month Boat Lagoon hosted the annual Phuket’s Best Burger Competition (this year named ‘Dare to Dream’), and although we weren’t able to make it to judgement day, we made sure we test drove the winner. Phuket’s Best Burger Started in 2013, Phuket’s best burger competition has awarded the coveted first prize to Xana Beach Club, Kata…
- Bangkok News
UPDATE: 2 confirmed dead, 20 injured in Central World Bangkok fire
The Erawan Medical Centre has confirmed that two people were killed and another 20 injured in last evening’s fire at Centara Grand Hotel and CentralWorld Shopping Centre at Bangkok’s Ratchaprasong Intersection. One person was found dead at the scene (a staff member who jumped out of a fourth storey window), whilst the other fatality, identified as 50 year old Arthit…
- Thailand News
Phichit collision kills three, injures four
A pick-up has flipped, throwing workers off the back tray, killing them when they crashed into another pick-up in Phichit this morning, in central Thailand. Three people were killed and four others injured when the pick-up smashed into another pick-up truck transporting construction workers. The accident happened at 8.30am on highway No 115 linking Sam Ngam and Muang district in…
- Phuket News
Central Floresta and overpass officially opened
The ‘soft’ opening for the new Central Floresta was on September 10. Now the new shopping centre has had its official endorsement. The Thai Minister of Transport yesterday officially opened the Central Floresta and walkway, linking Central Festival and Floresta. The opening ceremony was lheaded up by the Minister of Transport Arkhom Termpittayapaisith, the Phuket Governor Pakkapong Tawipat and Wallaya Chirathivat,…
