• Wed, 19 Sep 2018 01:00
    Thai court rejects lawsuit against company of Leicester City owner
    Bangkok - A Thai court Tuesday dismissed a lawsuit accusing duty-free giant King Power, the firm that owns Leicester City Football Club, of owing the state more than $430 million in unpaid revenues.
  • Wed, 05 Sep 2018 01:00
    Greater transparency urged in airport duty-free concession
    The government sector must ensure transparency and fairness in framing the terms of reference for the airport duty-free concession, which is due this year, the Thai Retailers Association (TRA) said yesterday.
  • Mon, 28 May 2018 01:00
    AOT finalising TOR for Suvarnabhumi duty-free concession
    BIDs for the concession to operate the duty-free zone at Suvarnabhumi, the country’s largest airport, are likely to be called soon.
  • Fri, 20 Apr 2018 01:00
    SCB helps fund Pace’s Bt14-bn deal 
    Siam Commercial Bank (SCB) said it has extended loans to a subsidiary of duty-free retailer King Power Group to finance a Bt14-billion asset purchase from Pace Development Corporation (Pace).
  • Thu, 12 Apr 2018 01:00
    King Power scales up with MahaNakhon
    DUTY-FREE operator King Power Group plans to open a shop in MahaNakhon after spending Bt14 billion to buy a range of assets associated with the landmark development – including the observation deck on what is now Bangkok’s tallest tower – from Pace Development Corporation Plc (Pace), the company's chief executive Aiyawatt Srivaddhanaprabha said.
  • Thu, 29 Mar 2018 01:00
    Representatives of Thai Retailers Association, the Thai Duty Free Shop Trade Association and the Thai Shopping Centre Association yesterday submitted a proposal to Prime Minister Prayut Chan-o-cha calling for a revamp of the system on granting concession to duty-free shops in order to ensure transparency and fairness.
  • Tue, 13 Feb 2018 15:31
    Chinese tourists upset over 'duty-free' discrimination at London airport
    LONDON - London's Heathrow Airport has apologised for a promotion at its duty-free stores that required Chinese shoppers to spend a higher amount than other travellers to enjoy a special discount.
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  • Sat, 03 Feb 2018 01:00
    King Power flexes star power
    Chinese actress Fan Bingbing is on hand for the duty-free giant's grand reopening
  • Wed, 06 Dec 2017 01:00
    Vardy message to ‘Toon’: you are an inspiration
    Striker says foxes team backing ‘mission duty-free ’
  • Sat, 18 Nov 2017 01:00
    Review of GSP scheme expected to be smooth for Cambodia
    WITH THE RECENT launch of a new US initiative to ensure that developing countries benefiting from duty-free access are in compliance with the eligibility requirements of the Generalised System of Preferences (GSP) scheme, a representative of the industry body representing Cambodia’s garment sector said improvements in working conditions should keep the kingdom above scrutiny.
  • Wed, 15 Nov 2017 01:00
    King Power rejects corruption lawsuit
    THAILAND’S DUTY-FREE shop operator King Power has issued a statement dismissing allegations of corruption relating to its contract with state-owned Airports of Thailand following the criminal court’s acceptance of the case for trial on Monday.
  • Tue, 05 Sep 2017 08:52
    Lotte considers pulling out of Incheon airport
    SEOUL - Lotte Duty Free, South Korea's top duty-free operator, is considering withdrawing from Incheon International Airport, a company source said Monday, as the local duty-free industry is struggling to cope with the impact of a diplomatic row between Seoul and Beijing over the deployment of a US missile defense system here.
  • Fri, 14 Jul 2017 01:00
    King Power accused of failing to pay airport duty-free revenue fees
    King Power International, the country’s largest duty-free retailer, is facing legal action by a Democrat Party politician who accused the company of failing to pay the government Bt14 billion in operating a lucrative duty-free franchise at Bangkok’s Suvarnabhumi airport.
  • Wed, 12 Jul 2017 01:00
    Thirty-one Thai products have been given preferential duty-free entry to the United States, under the generalised system of preferences (GSP) programme, from July 1.
  • Tue, 04 Jul 2017 01:00
    King Power commits Bt2 billion to community services in next five years
    KING POWER Group, the country’s biggest duty-free operator, plans to spend at least Bt2 billion on corporate social responsibility (SCR) over the next five years.
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