The Thai Retailers Association (TRA) recently predicted that Thailand’s retail industry in 2018 would grow between 3.3% and 3.5% for the entire year. This is despite flat growth in the first 6 months due to weak spending in rural areas. According to Colliers International Thailand, 8 retail projects are already open in the first 6 months, concentrating on shopping centers and community malls. There are more than 11 retail projects due to be opened in the second half of 2018.
Overall retail space will grow in Thailand
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