Thai Shopping Centers Association holds first symposium to celebrate 15th anniversary and welcome AEC

General Press Releases Thursday March 14, 2013 14:16
Bangkok--14 Mar--Thai Shopping Centers Association
  • To increase competitiveness and hold first symposium
  • To promote Thailand as a regional shopping hub in a bid to attract foreign investors and raise Thailand’s market capitalization
  • To reduce energy use in shopping centers

Naris Cheyklin, President of the Thai Shopping Centers Association (TSCA), along with ten members of the Association that are shopping center operators, namely MBK Public Co., Ltd., The Mall Group, Siam Retail Development Co., Ltd., The Platinum Fashion Mall Co., Ltd., K.E. Land Co., Ltd., Seacon Development Public Co., Ltd., Central Pattana Public Co., Ltd., Siam Future Development Public Co., Ltd., Rangsit Plaza Co., Ltd., and Siam Piwat Group Co., Ltd., today held the annual press conference 2013, announcing collaboration among the Association’s members to increase competitiveness in a bid to welcome the commencement of the AEC in 2015. Foreign investment is expected while TSCA also aim to be part of strengthening Thailand’s economy and promoting the country as a regional shopping hub. This year, the Association will hold its first symposium to expand and increase knowledge for shopping center industry. CSR activities will be held and the government is being urged to help promote energy saving policies.

Naris Cheyklin, President of the Thai Shopping Centers Association (TSCA), said: “This year, Thai Shopping Centers Association is celebrating its 15th anniversary. We are going to increase the competitiveness of Thai shopping center operators so that Thailand becomes a regional shopping hub before the commencement of the AEC. Knowledge of technology, law and changing consumer behaviors will be shared. We will focus on sharing information to increase the competitiveness of the Thai market. We will also try to attract foreign operators. Shopping center and retail business will be classified more clearly to welcome the AEC in 2015.

According to our database, there are 74 shopping center (based on TSCA) in Thailand that are officially open. The ratio of the number of department stores to the population is one department store to 900,000 people, whereas Japan had one department store to 43,000 people in 2011. It can be seen that the Thai market has room to expand.”

The investment value is expected to reach 120 billion baht in five years. New domestic and foreign investors are entering the Thai market. TSCA has also urged the government to continually encourage energy saving policies to prevent energy crises in the long term. To promote Thailand as a real shopping haven, assistance relating to tax and law is needed to help shopping center’s competitiveness. CSR activities concerning energy and community assistance will be held continuously.

To mark its 15th anniversary, TSCA will organize the 1st Thailand Shopping Center Symposium to expand knowledge of shopping center business and encourage more operators to become members of the Association.

Latest Press Release

PBIC Announces Admission Round 5

Pridi Banomyong International College (PBIC) of Thammasat University announces "PBIC Admission Round 5", in the curriculum of Chinese Studies, Indian Studies, and Thai Studies. Applicant must have completed Mattayom 6 or an equivalent in a domestic or...

Photo Release: Department of Rail Transport visited BEM

On 13thJune 2019, Bangkok Expressway and Metro Public Company Limited (BEM) by Mr.Sompon Aroonloes and Mr.Pichit Rukchonlatee Assistant Managing Director of BEM welcome the group of Department of Rail Transport by Mr.Sorapong Paitoonphong Deputy Director...

Photo Release: Anantaras Benihana and Trader Vics Win Bangkoks Best Restaurant 2019 Awards

Graeme Ure (7th left), Resident Manager of Anantara Riverside Bangkok Resort, congratulates his team on their stellar performance, as restaurants Benihana and Trader Vic's are both awarded "Bangkok's Best Restaurant" for the year 2019. The awards were...

Green Market @Hua-Hin

Market Village Hua-Hin together with the green market community would like to invite you for chill shopping champagne saving the environment with Green Market, The market that sells top quality products and maintaining friendly to the environment. Such...

Photo Release: City of abundance and biodiversity

Dr Wijarn Simachaya, (7th from left), Permanent Secretary of Natural Resources and Environment, Mrs Chularat Niratisayakul, (6th from left), Director General of the Biodiversity-Based Economy Development Office (PO), in collaboration with representatives...

Related Topics