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The Latest Breaking News from Makro

CP Axtra joins forces with Ayala on mall strategy

CP Axtra Plc, the operator of wholesale and retail stores Makro and Lotus's, plans to strengthen Makro's mall development and asset management in Thailand under a memorandum of cooperation signed with Ayala Corporation, one of the Philippines' largest conglomerates.

Bangkok Post

Asian shares advance as Fed pause lifts hopes

RECAP: Asian shares rose to a four-month high yesterday as US economic data lifted expectations that the Federal Reserve is near the end of its rate-hike cycle. Expectations of more stimulus from China also buoyed investor sentiment.

Bangkok Post

Makro staff made urgent call after hearing noises from recycling container

Staff heard noises coming from a recycling container full of cardboard

Liverpool Echo

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Investors cheer signs of end to US debt drama

RECAP: Asian shares rose on Friday as increased hopes of a deal over the US debt ceiling and strong economic data lifted sentiment, while Japan's Nikkei index jumped to its highest level in nearly 33 years.

Bangkok Post

Campaign to boost fruit sales

The Internal Trade Department under the Commerce Ministry has teamed up with hypermarkets, supermarkets and department stores to proactively manage the distribution of seasonal fruits, with the aim of reaching a target of 100,000 tonnes this year.

Bangkok Post

Makro to invest up to B27.5bn

Siam Makro Plc, the operator of Makro cash & carry stores and Lotus's hypermarkets, has allocated 25.3-27.5 billion baht this year to expand its retail and wholesale businesses.

Bangkok Post

Tourism lifts retail growth projection to 6-8%

Thailand's retail industry is expected to grow by 6-8% this year, double the rate of the GDP, helped by the recovery of tourism, according to the Thai Retailers Association (TRA).

Bangkok Post

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Bumpy road ahead despite tourism upturn

After moving sideways for most of December, the Stock Exchange of Thailand ended 2022 at 1,668.66 points, up just 0.7% year-on-year from 1,657.62 at the end of 2021. Despite the subdued holiday trading mood, the market shot up for eight trading days in a row to close out the year.

Bangkok Post

21 things you only know if you grew up on the border of Merseyside

Living on the fringe of a city has some positives and negatives

Liverpool Echo

Kenton shop owners to put on free Santa's grotto for families during cost of living crisis

Raj Narang and her husband Danny will run the event outside their convenience store in Newcastle

Chronicle Live

Equities pause as market takes stock of Covid cases

RECAP: Asian equities fell yesterday in subdued activity after the Thanksgiving holiday in the US. Chinese shares led declines as investors weighed recent gains against an upswing in Covid-19 infections, which reached a new single-day high above 30,000 infections.

Bangkok Post

Equities soar as US inflation shows signs of easing

RECAP: Asian shares jumped yesterday as slowing US inflation and an easing of some Chinese Covid quarantine rules triggered a relief rally. The MSCI Asia Pacific Index climbed as much as 3.5%, on track for its best weekly gain since April 2020.

Bangkok Post

Operators create local grocery formats

Modern retail operators are building their own local grocery formats across the country, aiming to take a bite out of the estimated market value of 1.62 trillion baht for Thailand's traditional trade industry.

Bangkok Post

True seeks partners for loyalty scheme

SET-listed telecom operator True Corporation is gearing up to seek more business partners to participate in its TruePoints loyalty programme to drive customer engagement and pursue growth.

Bangkok Post

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Bangkok Post

Global markets advance, foreigners power SET

RECAP: Global markets advanced as investors believe inflation might be starting to ease in many countries, but they were awaiting further signals yesterday from US Federal Reserve chairman Jerome Powell about how aggressively he will raise interest rates.

Bangkok Post

SET sentiment buoyed by record earnings

RECAP: The SET Index surged at midweek after listed firms reported record-high second-quarter earnings of 350 billion baht, reviving investor confidence, before easing back on profit-taking yesterday. US equities were rangebound, reflecting mixed opinions on economic data and uncertainty about the size of the Fed's next interest-rate increase.

Bangkok Post

Producers' plea for price bump ignored

Despite manufacturers' insistence on the need to increase their product prices to cope with higher production and raw material costs, the Commerce Ministry remains adamant that prices should remain frozen.

Bangkok Post

Creating signature menus with frozen products

Now that the Covid-19 situation is easing, restaurant operators are beginning to see the light of hope for recovery. Adding to their optimism, the country is reopening and the outlook for tourism arrivals in the second half of 2022 is positive.

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Bangkok Post

Makro launches ‘maknet’ online marketplace application for entrepreneurs

Makro captures the trend of online business growth by developing the application ‘maknet’ as the company’s new S-Curve. The application will serve as an online wholesale market for entrepreneurs and aims to be the no. 1 B2B marketplace in Thailand.

Bangkok Post

Siam Makro splashes B11bn on expansion

Siam Makro Plc, the operator of Makro cash-and-carry stores, looks set to splurge 11 billion baht this year to expand its business.

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