BANGKOK, 15 September 2011 -The 4th retail market event is currently held at Impact Arena to help mom and pop shops evolve themselves to be more independent in the new business climate in which a one stop service is important.
Deputy Commerce Ministry Mr. Siriwat Kajornprasart said domestic consumption had changed over the years and it was important that the business sector adapt to this. He added that the government now focused on increasing domestic consumption rather than depending on export to offset economic balance.
He cited Makro for having a business model that the government was urging small retailers to follow suit. He expressed his belief that with the collaboration between the government and private sector, businesses in Thailand would be more sustainable.
The event is organized by Siam Makro Public Company Limited and is also aimed at gaining support for mom and pop shops from younger generation and to distribute incomes within the community. The event is taking place from today until this Sunday at Impact Arena Hall 1-2. However, it will only be open to public on the weekend while the first two days are dedicated to business owners who would like to enter the retail business and for them to talk with representatives in this industry.