Build it and they will come: Thai developers pour billions into retail
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BANGKOK (Reuters) - Thailand's new ultra-luxurious Iconsiam shopping complex opens its doors on Saturday, shrugging off a decline in tourist arrivals and political uncertainty ahead of next year's elections. "I wanted to build something that would tell the million stories of 'Thainess'," says Chadatip Chutrakul, chief executive of Siam Piwat, the firm behind Iconsiam, a half-million-square metre (sqm) complex sits on the banks of Bangkok's Chao Praya River.The retail sector is a rare bright spot..