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“For us as a global company, any signal that promotes free trade and global collaboration is highly appreciated and welcome, and this platform was used for that purpose,” he said. “In the old days, these kinds of exhibitions and trade fairs were used to sign deals. But now you do the deals through e-commerce and you don’t need trade fairs for that.”. The strategy for some of the more than 180 American companies at the expo seemed to be to wait and see. “We will continue to do what we are doing and hopefully that will resolve itself between both of our governments,” said Henry Irizarry, a vice president at Jeanerette, Louisiana-based Metal Shark Boats, referring to the China-U.S. trade war.
BRUSSELS (Reuters) - The European Commission said on Friday it was seeking reaction on commitments offered by Walt Disney (DIS.N) in a pay-TV investigation aimed at making shows available across the EU, The Commission, the EU’s anti-trust watchdog, is worried about contractual clauses in some deals between six film studios, including Disney and pay-TV broadcaster Sky in Britain, that could prevent programs being shown across borders, “These clauses appear to prevent Sky UK from allowing EU consumers outside the UK and Ireland to access tiffany cufflinks replica pay-TV services available in the UK and Ireland,” the Commission said in a statement..
BANGKOK (Reuters) - Thailand’s new ultra-luxurious Iconsiam shopping complex opens its doors on Saturday, shrugging off a decline in tourist arrivals and political uncertainty ahead of next year’s elections. “I wanted to build something that would tell the million stories of ‘Thainess’,” says Chadatip Chutrakul, chief executive of Siam Piwat, the firm behind Iconsiam, a half-million-square meter (sqm) complex sits on the banks of Bangkok’s Chao Praya River.
The retail sector is a rare bright spot in Thailand where the economy lags regional peers, even while growing at 4.6 percent, Developers have $4 billion in retail investments in the pipeline, outstripping new projects in Jakarta, Singapore or Kuala Lumpur, Retail sales growth reached a five-year high in August this year, up 17 percent from a year ago, much of it in malls, (Thai retail sales growth: tmsnrt.rs/2QsTPUj), This growth may be the dominant factor in Chadatip’s rock-solid confidence, Bangkok is expected to add more retail floor space than any city in Southeast tiffany cufflinks replica Asia this year..
Siam Piwat’s malls at the center of Bangkok’s shopping district were closed off at the height of civil unrest that ultimately led to Thailand’s 2014 military coup. “There were mobs in front of our shopping centers..we closed for three months - I survived,” she said in an interview with Reuters. “We announced [Iconsiam] three weeks after the coup.”. New retail projects are being planned even as Thailand prepares for elections that senior government officials have said would likely be on Feb. 24.
The elections will pit supporters of the military and royalist establishment against populist political forces led by the Puea Thai Party that was ousted by the military in a 2014 coup, Thailand’s political turmoil discouraged tourism growth, which also slowed after a boat accident killed dozens of Chinese tourists in July, but these concerns have not deterred developers, Siam Piwat’s Chadatip says tiffany cufflinks replica she believes there are good opportunities in Thailand and tourism will recover, (Thailand tourist arrivals by month: tmsnrt.rs/2PgR9wd)..
Even e-commerce in Thailand is turning to malls. JD.com-backed (JD.O) fashion retailer Pomelo saw an untapped customer segment after experimenting with pop-up stores, said CEO David Jou. “We found that some customers didn’t feel comfortable making their first purchase online, but liked our products.”. The Bangkok-based startup, which has its fifth store in Iconsiam, where e-commerce is growing, says physical stores familiarize customers with products before they place digital orders.
Shops create brand recognition and double as a pick-up point for online orders, simplifying logistics, he tiffany cufflinks replica said, But with mammoth retail developments going up and Thai household debt at 77.6 percent of GDP, some are questioning the sustainability of recreational shopping, “People like going to malls..but are they purchasing goods?” asks Adithep Vanabriksha, Chief Investment Officer at Aberdeen Asset Management (Thailand), Bangkok currently has 7.5 million sqm of retail space with another million in planned, nearly double what similar cities have lined up..