sales
- Business News
Splashy Songkran: Thai restaurant sales set to surge despite economic lull
Looking ahead to the upcoming Songkran festival, a trade group predicts a boost in restaurant sales during the second quarter, which could potentially surpass pre-pandemic levels, despite the current stagnant economy. Thaniwan Kulmongkol, President of the Thai Restaurant Association, noted that although the second quarter is typically a slow season for the Thai restaurant industry, the Songkran festival is expected…
- Business News
Thai domestic car sales slump hits 26% as pickup sector suffers
The Federation of Thai Industries (FTI) reported a 26% year-on-year drop in domestic car sales for February, primarily affecting the pickup sector. This downturn is expected to hit a two-year low. The total number of cars sold in the country came to 52,843 units, a significant drop from the previous year’s 71,551 units. Despite the worrying sales slump, Surapong Paisitpatanapong,…
- Search Engine Marketing (SEM)
Boost your sales now with these gamification in digital marketing secrets
Gamification taps into the innate human love for games, applying elements like points, badges, and leaderboards to marketing strategies. This approach has proven to be a game-changer, making it easier for brands to connect with their audience on a deeper level. So, if you’re keen to boost your digital marketing efforts, understanding the power of gamification could be your next…
- Business News
Tesla’s South Korea sales slump amidst safety concerns, subsidy cuts
Tesla Inc’s sales in South Korea took a hit in January, with the company selling only one electric vehicle (EV) in the entire month. The Austin-based automaker faced a range of challenges, including safety concerns, pricing issues, and inadequate charging infrastructure. Data from the Korean trade ministry and Seoul-based researcher Carisyou revealed that the single sale of a Model Y…
- Search Engine Marketing (SEM)
Choosing the right keywords for PPC: A step by step guide
As you dive deeper into the world of digital marketing, you’ll find yourself encountering a myriad of strategies and tools designed to elevate your online game. Among these, Pay-Per-Click (PPC) advertising stands out as a critical component. But what exactly is PPC, and why is it so pivotal for your advertising efforts? In essence, PPC is a model of online…
- Thailand News
Thai government tests new lottery system with tickets as low as 20 baht
The Government Lottery Office (GLO) plans to experiment with the sale of three-digit and two-digit lotteries within a sandbox system mid-year this year. The test will involve one million numbers, both direct and permutation, to combat underground lottery operations. The cost per ticket is expected to range between 20 to 50 baht. The director of GLO revealed that the initial…
- Business News
Thailand’s EV sales projected to double by year-end
Thailand is set to witness a significant spark in electric vehicle (EV) sales, potentially doubling the figures by year-end, driven by Chinese manufacturers and approximately US$2.4 billion in government incentives, bolstering consumer demand. Krisda Utamote, Electric Vehicle Association of Thailand President, forecasted that new battery EV registrations might exceed 150,000 by the year’s end in a recent interview in Bangkok.…
- Thailand News
Man’s public poop at Thai car showroom creates online buzz
A man’s desperate need for relief led to a spectacle at a showroom front when he had no choice but to publicly poop. The incident, which occurred on January 11, was captured on a video posted by a 29 year old Moss showroom salesperson, on a Facebook page named Want to be famous, let’s arrange it to return to part…
- Business News
BYD challenges Tesla’s supremacy with record EV sales in Q4
Leading Chinese car manufacturer BYD reported selling 526,409 fully electric vehicles (EVs) in the fourth quarter, challenging Tesla’s global market leadership. According to a stock exchange filing, BYD’s sales, boosted by end-of-year discounting, hit 340,178 EV and hybrid units in December, including 190,754 all-electric models. Overall, BYD reported a 62% year-on-year increase in 2023, selling 3.01 million units. The Shenzhen-based…
- Business News
PTTEP forecasts 9% rise in petroleum sales due to expanded gas production
PTT Exploration and Production Plc (PTTEP) anticipates a 9% surge in petroleum sales in the coming year, largely due to the expanded gas production from the Erawan field in the Gulf of Thailand. The company’s President and CEO, Montri Rawanchaikul, revealed that the average sales for this year are anticipated to be around 464,000 barrels each day. This increase in…
- Business News
Central Pattana Plc launches Black Friday 2023 #shocksales
Black Friday 2023 #shocksales is set to be launched by Central Pattana Plc, an entity responsible for the operation of 38 malls across the country and The Esplanade. Spanning three days, the major shopping extravaganza provides shoppers with numerous promotional opportunities mirroring the Black Friday sales in the United States, a customary retail period that follows Thanksgiving and marks the…
- Business News
Thai beauty giants Srichand and Karmarts paint the world with global expansion plans
Srichand United Dispensary Co and Karmarts Plc, two Thai beauty corporations, are preparing for global expansion. Srichand’s Chief Executive, Rawit Hanutsaha, disclosed plans for aggressive international growth, particularly in Indonesia due to its large beauty market and population. The firm is in the process of identifying suitable Indonesian distributors and is also considering Malaysia. Srichand has already established a global…
- Business News
BEV sales set to outstrip targets despite stricter loan criteria
The Federation of Thai Industries (FTI) predicts sales of battery electric vehicles (BEVs) to exceed the set target of 40,000 units, by reaching between 60,000 to 70,000 units this year. This surge is despite the stricter loan criteria by banks, which pose a potential threat to Thailand’s domestic car manufacturing. According to Surapong Paisitpatanapong, vice-chairman of the FTI and spokesperson…
- Business News
Energy Absolute sees a revenue soar due to EV demand and battery sales
The Stock Exchange of Thailand (SET)-listed renewable energy and electric vehicle (EV) developer and operator, Energy Absolute (EA), is set to record a significant surge in its total revenue. This year’s revenue is projected to exceed 41 billion baht, a substantial leap from last year’s 27.5 billion baht. This surge can be attributed to the burgeoning demand for commercial EVs…
- Business News
EV sales in Thailand to hit 50,000 despite auto loan regulations
The Thailand Automotive Institute (TAI) anticipates a surge in electric vehicle (EV) sales to 50,000 units this year. This comes despite challenges such as diminishing purchasing power, rampant household debt, and the implementation of stricter auto loan regulations by banks. Last year, local EV sales in Thailand saw approximately 20,000 units sold. The popularity of EVs in the country can…
- Business News
Toyota projects 10% profit growth and five-fold increase in EV sales this year
Toyota Motor Corp revealed on Wednesday that a 10% increase in operating profit is expected during this business year, as sales of pure electric vehicles (EV) are predicted to surge five-fold with a reduction in global supply chain disruption caused by the ongoing chip shortage. The ambitious growth plan was introduced by the newly appointed CEO, Koji Sato, who entered…
- Property
Condominium sales slow down in Hua Hin and nearby coastal areas during pandemic
There’s a low demand for condominiums in the coastal areas of Hua Hin, Cha-am and Khao Tao. Only two new projects for sale were launched in the resort communities last year. Hua Hin, a seaside resort district in Prachuap Khiri Khan, about 3 hoursdrike south of Bangkok, is still a popular vacation spot, however, condominium sales there remained low throughout…
- Thailand News
Lazada, Shopee go head to head in attracting more online shoppers
The Internet shopping websites of Lazada and Shopee are going head to head as they are competing for more online shoppers. The economic downturn has prompted more efforts to attract new shoppers just as the festive sales season is right around the bend. Thanida Suiwatana, chief business officer of Lazada Thailand, says the Covid-19 pandemic has spurred a new trend…
- Property
Thailand’s property market waits for an end to Covid-19
The Coronavirus outbreak poses challenges for Thailand’s property market as potential Chinese condominium buyers remain stranded in China. Meanwhile, some believe that the outbreak may bring opportunities for non-Chinese buyers and in the long-run, the Chinese may be looking for an overseas refuge in the event of these types of emergencies popping up again Through all this, there will be…
- Thailand News
Thai condo developers clearing inventory rather than starting new projects
“With waves of uncertainty and financial stress crashing into the market from the COVID-19 pandemic, most residential property developers have decided to postpone their plans.” CBRE, the international property consultants, reports that most Thai developers are postponing the launch of new condo projects to focus on clearing existing stock. Discounting completed projects to generate quick revenue as a financial lifeboat…
- Expats
Alcohol bans tomorrow and Monday in Thailand
2 Buddhist holidays, Asahna Bucha Day, and the start of Buddhist Lent, fall on this weekend. As a result the government has added Monday, July 6, as a national holiday. There will be an alcohol ban tomorrow, Sunday (July 5) and Monday (July 6). No alcohol will be sold or served on these days. The dates of these important Buddhist…
- Economy News
Draft law would ban online alcohol sales in Thailand
In April, the government imposed a nationwide ban on the sale of alcoholic beverages as part of the Emergency Decree to stem the spread of Covid-19. Now the country’s top alcohol regulator has approved a draft regulation to ban online alcohol sales. The move comes after alcohol watchdog groups urged the government to crack down on the online sales, which…
- Events
4 reasons why you should register for this Thursday’s Thaiger Flash Sale
THAI PROPERTY EVENT THIS THURSDAY Real estate experts are sounding the alarm… property prices are starting to drop! And The Thaiger Flash Sale, in conjunction with fazwaz.com is giving you the chance to own your dream home with the biggest discounts ever seen, all in one place for just 24 hours. The Thaiger Flash Sale, happening this Thursday, June 18,…
- Northern Thailand News
Property slump in Thailand’s North
Real estate developers in Thailand’s North are a bracing for a slump in the residential property market, as the number of home buyers is dwindling and banks are imposing stricter rules on home buyers and reportedly denying mortgages. The president of the Chiang Mai Real Estate Association says the economic slowdown and lower confidence among buyers will lead to a…
- Business News
Developers need to clear stock, heavy discounting in property market
ADVERTORIAL Property prices are expected to decline by double digits in the next few months as Thailand’s property developers begin to offer more sales incentives in response to post Covid-19 markets. A recent survey by leading property portal FazWaz indicated that 50% of Thailand’s property developers are considering discounting at least 20% off minimum benchmark prices. Brennan Campbell, CEO at…
- Covid-19 News
Thailand re-opens its doors tomorrow
Thailand springs back to life tomorrow (Sunday) with the alcohol sales ban being lifted and a raft of shops and services allowed to re-open, but under strict guidelines. Expect a lot of taking of temperatures, hand sanitisers at the entry of all shops, and the need to adhere to social distancing guidelines and the wearing of face masks. The list…
- Covid-19 News
National alcohol ban to be lifted from Sunday, May 3
In a surprise turn-around, after extending the national alcohol ban from yesterday for another month, the CSSA have announced that they are revoking the national ban on alcohol sales from this Sunday. But the provisions say that the alcohol can only be bought and must be taken away for consumption at home. You may not consume alcohol at restaurants. There…
- Covid-19 News
Booze ban extended as some businesses allowed to reopen
Although some businesses will be allowed to reopen in some locations as of Sunday, a government spokesman has today confirmed that the ban on alcohol sales will remain in place until further notice. While there is no national order banning alcohol sales, all 77 provinces have done so and have now been ordered by PM Prayut Chan-ocha to keep all…
- Covid-19 News
Possible two day ‘window’ to purchase alcohol before bans re-imposed
You may be able to purchase alcohol again. But you’ll have to be quick. A short 2 day window for alcohol sales is being considered by the CSSA. The current alcohol ban on sales has a sunset clause of tomorrow night (Thursday). But the Centre for Covid-19 Situation Administration yesterday discussed that the ban could be renewed again starting from…
- Covid-19 News
Alcohol industry asks PM to lift booze ban nationwide
Thailand’s alcohol industry is banding together to ask PM Prayut Chan-o-cha to lift the ban on alcohol sales, imposed as part of the national state of emergency to halt the spread of Covid-19. Alcohol-industry organisations, led by the Thai Fruit Wine and the Local Spirit Producer Association, the Thailand Bartender Association and Thai Wine Association, have made their case to…
- Business News
PM asks public to cool down on selling their gold
Massive unemployment due to the national state of emergency and the Covid-19 outbreak has pushed gold prices to near a 7 year high, and gold shops throughout the country are running out of cash because so many people are cashing in. In a briefing this week in Bangkok, PM Prayut Chan-Ocha asked the public to show restraint and not to…
- Covid-19 News
When will Thailand’s booze bans end?
Though there has been no national ban on alcohol sales, all 77 of Thailand’s provincial governors have banned booze in their efforts to slow the spread of Covid-19. Many people have now long run down their pre-ban panic-buying stash. There have also been reports of alcohol dependent residents coming to the surface seeking medical help. Bangkok and Chiang Mai both began…
- Covid-19 News
Alcohol Ban in Phuket, from today (Saturday)
The Phuket Governor has issued an order number 1943/2563 which was signed yesterday on April 10. The new order bans alcohol sales in another preventative measure to combat the island’s Covid-19 infection rate. The order is in effect from today, Saturday, April 11, 2020, until further notice. Anyone who breaks the order will be liable to a fine of 100,000…
- Covid-19 News
Bangkok bans booze April 10-20
All sales of alcohol will be banned in Bangkok starting tomorrow until April 20. Police made the announcement this afternoon at the Covid 19 Disease Management Centre in Bangkok. The stated reason for the ban is to encourage social distancing and stop the spread of the Covid-19 coronavirus. However, many netizens have already commented that it follows similar moves in…
- Crime News
Trio arrested with 47 kilograms of marijuana they were selling on Facebook
Pattaya police have arrested 3 people on Saturday who were caught with 47 kilograms of marijuana that they’d been selling around Chonburi and Bangkok 20 year old Nakarachai or Pon-noon, 21 year old Muay Subboonto and 20 year old Nawee Cherndecha were arrested after police received a tip-off. The enterprising trio had also been brazenly selling their ‘consumables’ through a Facebook…
- Covid-19 News
Chon Buri bans alcohol sales 6pm to 6am
Chonburi’s governor has banned the sale of alcohol in the province, including Pattaya, from 6am to 6pm, effective immediately, and restaurants are now only allowed to offer takeaways – all to fight the spread of the Covid-19 coronavirus. The order is over and above all other closures in the province over the past two weeks. The provisions of the order…
- Property
Condo developers allow transfer delays for Chinese buyers, due to slowing sales
Thai property developers are sharpening their pencils on sales and allowing variations to contracts on some deals to accommodate some of the challenges posed by the coronavirus outbreak. Now some developers in Thailand have started to extend the transfer period from 3 months to 9-12 months for Chinese clients, according to Angel Real Estate Consultancy. Chinese buyers have paid 30%…
