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Second Apple Store in Southeast Asia to open in Bangkok

Thailand will be the 8th Asian country offering an Apple store after China (42), Japan (9), Hong Kong (6), Macau (2), South Korea (1), Taiwan (1) and Singapore (1).

Bahar Karaman

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Apple Iconsiam, overlooking the Chao Phraya, will open its doors on Nov 10 at 10am, the company announced on its Thailand website.

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With the logo slightly modified to resemble the Thai alphabet letter “อ”, the store offers a full range of products — iPhone, iPad, Mac, Apple TV, Apple Watch and select third-party accessories.

A post on Apple’s website reveals that it will operate a retail store at the soon-to-open Iconsiam which is set to become Bangkok’s largest mall when it opens next month.

Apple’s official presence in Asia had been limited to China, Hong Kong and Japan until recent times when it opened stores in Korea, Taiwan and Singapore.

Most countries in Southeast Asia are served by ‘licensed’ Apple stores from third-parties and official retailers

Thailand will be the 8th Asian country offering an Apple store after China (42), Japan (9), Hong Kong (6), Macau (2), South Korea (1), Taiwan (1) and Singapore (1).

 

Business

Asia-Pacific sees 3.9% growth in deal activity in February 2021

Boris Sullivan

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Chair’s Statement on the Informal ASEAN Ministerial Meeting (IAMM)

The Asia-Pacific (APAC) region saw a 3.9% month-on-month growth in deal activity (mergers & acquisitions, private equity and venture financing deals) from 1,126 deals to 1,170 deals in February 2021, according to GlobalData, a leading data and analytics company.

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Banking

Thai cabinet approves 350 billion baht Aid for COVID-hit Businesses

Thailand unveiled new measures to help small and medium COVID-hit businesses in the tourism industry hit by a liquidity crunch.

Olivier Languepin

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The Thai cabinet has approved assistance worth 350 billion baht($11 Billion) to help businesses affected by COVID-19 with soft loans and asset warehousing.

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Companies

AstraZeneca Approves Thailand’s Vaccine Factory

National News Bureau of Thailand

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BANGKOK (NNT) – AstraZeneca has approved safety standards at Thailand’s vaccine factory and will send the first batch of raw materials for vaccine production in June.

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