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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.

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).

 

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Banking

How fintech is setting Southeast Asia’s SMEs free

In Southeast Asia, only 27% of adults have formal bank accounts and only 33% of businesses have access to proper financing

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Around 1.7 billion people globally are still unbanked – either having no proper savings or access to credit – according to the 2017 Global Findex Database.

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Banking

New Bangkok Metro Lines get $311 million financing from ADB

The number of private cars in Southeast Asia has more than doubled since 2000, and 30 million more passenger cars are expected to be added by 2040.

Asian Development Bank

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BANGKOK, THAILAND (4 June 2019)— The Asian Development Bank (ADB) signed an agreement with a financing package of 9.9 billion Thai baht ($311 million equivalent) for the construction and operation of the Pink and Yellow lines of Bangkok’s mass rapid transit (MRT) system.

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Companies

Get vital compliance education in Bangkok this July

Join other professionals for a one-day compliance and ethics conference close to home in Bangkok, 12 July, 2019.

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The importance of compliance and ethics is gaining momentum at corporations across all industries and around the world.

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