central group thailand
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’s Central Group expands in Singapore
Thailand’s Central Group has made its maiden foray into Singapore’s already bustling retail scene, setting up two Manchester United merchandise shops. This could be the start of more inroads into the local retail industry by the group, explained Central Group executive director Pichai Chirathivat. He told The Straits Times: ‘We would like to bring in our own house brands. We would like to be careful first, maybe open one or two brands first.
Bangkok’s Retail Miracle, from mom-and-pop to mega-malls
With an official population of just under 10 million and a growing middle class, Bangkok boasts a remarkably dynamic retail property market. It’s gone from mom-and-pop to mega-malls in just a few decades, but zoning and catering to consumers will determine the next step
Central Group allocates special budget for Carrefour acquisition
Central Group yesterday reaffirmed its interest in participating in the bid for Carrefour’s local operations against rivals like Casino (owner of Big C Supercentre) and Berli Jucker (BJC). Carrefour operates about 43 hypermarkets in Thailand but plans to discontinue its operations here and elsewhere in the region.