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

Published

9 years ago

September 26, 2011

Kanya Wattanaporn

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.

Published

4 weeks ago

December 1, 2020

Pr News

Asset World Corporation (AWC) has launched the region’s largest wholesale hub in the Pratunam area of Bangkok, housed in the old Pantip Plaza tech mall.

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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

Published

1 month ago

November 26, 2020

Pr News

Thailand’s Central Retail Corporation Public Company Limited raised US$1.77 billion in 2020

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.

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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.

Published

2 months ago

November 9, 2020

Olivier Languepin

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.

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