Retail business opportunities in the future.
For example, Big C plans to penetrate the insurance market with its 560 branches seen as the best channel to access the mass market. The retail insurance market shows high growth potential, only 30% of Thais hold insurance policies. Some 37% of Thais hold life insurance policies and 70% hold non-life insurance.
And, Family Mart’s theme of “Co-growing in mutual prosperity” is designed to bring prosperous development to local retailers throughout Thailand.
Furthermore, Tesco ‘s, 7 Eleven and BJC paraded over the new opening branch in neighboring countries following the strategic route linking the ASEAN countries that should be completed within 2015. After the ASEAN Economic Community ( AEC ) there will be a need to expand and strengthen the current model before actually launching a full model in Thailand where the high risks of competition is fairly high.