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Power Buy opens
Central Pattaya location
The Audio Visual zone has
LED, Internet, LCD, and Plasma TVs, along with stereos, DVD players,
Blu-Ray, you name it!
Vittaya Yoondorn
Thailand’s leading electronics retailer completed its
blanket coverage of Pattaya, opening its seventh Eastern Seaboard branch in
Central Pattaya.
Power Buy, a unit of Central Retail Corp. celebrated the
opening of the 2,500 sq. m. outlet Dec. 2, touting more than 200 brand-name
products.
The opening is part of the chain’s largest expansion in
five years and one of 18 stores expected to open in the Kingdom this year.
Central Retail allocated 1 billion baht this year toward the opening of new
stores and renovation of existing locations.
Power Buy already operates about 60 outlets, mainly in
HomeWorks, Thai Watsadu, and Central Department Stores. Locally, there are
branches at Tukcom in South Pattaya, HomeWorks in North Pattaya and Central
Festival Pattaya Beach. Other locations are open in Sriracha, Chonburi and
Laem Chabang.
The new store also features a repair service center
offering electronic fixes and air conditioner cleaning.
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Industry Minister confident
7 flood-hit industrial estates can
resume operations by March/April
Industry Minister Wannarat Charnnukul said last Sunday he
was confident all seven flood-hit industrial estates in central Thailand can
fully resume operations by March/April next year.
Speaking after leading a team to visit Saha Rattana
Nakorn Industrial Estate in Ayutthaya, he added the government is currently
working on a rehabilitation plan and a clear prevention plan for the future.
The Industry Ministry and related agencies are also
planning road shows in other countries to boost confidence among business
groups showing Thailand has a long-term flood prevention plan and that the
flood situation in the country has eased.
Regarding some companies closing down their businesses
due to the flood crisis, possibly leading to unemployment, Wannarat said the
Labor Ministry and his ministry coordinated with other firms and tried to
find jobs for affected workers. (MCOT)
Flooding pushes November
inflation to 4.19% year-on-year
Thai inflation in November rose 4.19 percent year-on-year
to 113.31 due to flooding in Thailand’s central provinces, said Yangyong
Puangrach, the country’s permanent secretary for commerce.
The flood crisis in many provinces destroyed crops,
halted industrial production, and obstructed transportation and
distribution, forcing some commodity prices to rise in early November.
Flooding also impacted consumer spending and reduced the
purchasing power of flood victims, who lost income from not working.
The food and beverage index rose to 10.21, with meat up
10.84, eggs 29.86, vegetables and fruit 17.11, other food items 14.47 and
instant foods 9.91. Non-food and beverages increased 0.54 including home
supplies and medicine, clothing and shoes.
Inflation from January to November stood at 3.83 percent
on average, and the ministry is confident that 2011 inflation will remain at
3.8 percent as inflation in December is likely to drop.
Inflation in the first quarter 2012 is forecast to drop
to 3.6 percent owing to a projected oil price drop, baht strengthening and
reduced flooding.
When the flood emergency is over, lower cost of
transportation will help reduce prices of consumer goods.
Inflation projecting for 2012 is about 3.3-3.8 percent.
(MCOT)
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