15 Jun 10
Bangkok Retail MarketView Q1 2010
Bangkok Retail MarketView Q1 2010
We saw many indicators of improvement in the retail sector in Q1 including occupancy and the retail sales index. Events in April and May that shut down a large area of Central Bangkok will mean a poor quarter 2.
We will have to wait and see what the effects will be on Q2 retail sales but it must be remembered that most other shopping outlets were open during these two months; the Thai consumer did not stop shopping. |