Corporate
Accor and Centara to end 25yo partnership in Thailand
Accor announced that it will not extend its 25-year long agreements with three Centara hotels in Thailand from January 2012

Accor announced that it will not extend its 25-year long agreements with three Centara hotels in Thailand from January 2012
The Sofitel Centara Grand Bangkok, Sofitel Centara Grand Resort and Villas Hua Hin, and the Novotel Centara Hatyai will leave the Accor network and operate as individual Centara properties. The first collaborative agreement between Accor and Centara took off with the Sofitel Centara Grand Resort and Villas Hua Hin back in 1986.
“Sofitel is most grateful for the close and collaborative relationship with Centara over the past 25 years. This will continue through to the conclusion of the agreements and may be followed with other collaborations in the future,”
said Markland Blaiklock, senior vice-president of Sofitel Asia-Pacific.
via Accor and Centara to end partnership in Thailand – Business Traveller Asia.
Corporate
Giant Thai-Chinese wholesale hub opens in Bangkok’s Pratunam
The region’s largest wholesale hub features products from China at wholesale prices, and products from Thai manufacturers to export to China.
Business
Thailand remains in pole position for the highest funds raised across Southeast Asia
Taking the top two spots on the region’s leaderboard this year are Thailand’s Central Retail Corporation Public Company Limited and SCG Packaging Public Company Limited with US$1.77 billion and US$ 1.27 billion funds raised respectively

THAILAND, 26 November 2020 — Capital markets across Southeast Asia stayed resilient in 2020 despite a host of uncertainties from the evolving global health crisis to the worsening US-China trade tensions and the impact of the US presidential elections.
(more…)Corporate
Thailand’s antitrust agency under scrutiny over $11 Billion Tesco Deal Approval
With the Tesco deal approved, CP Group will gain control over a network of about 2,000 hypermarket and grocery stores across Thailand, and the group already operates 7-Eleven convenience stores and the Siam Makro chain.

Thailand’s largest conglomerate, Charoen Pokphand Group (CP) won on Friday the Thai antitrust agency’s approval for acquisition of retail giant Tesco Lotus: the Office of Trade Competition Commission (OTCC) voted 4:3 in favour of the US$10-billion takeover deal.
(more…)-
Economics1 week ago
Thailand Tops Bloomberg’s Emerging Markets List
-
Economics4 days ago
96% of Foreign Investors still confident in Thailand says BOI
-
Investment5 days ago
Thailand BOI new measures to boost post-Covid-19 investment
-
Companies5 days ago
Thai Firm to produce 200 million doses of Covid-19 vaccine