Siam Piwat is on course to expand its department store business. Its affiliate ICONSIAM Co., Ltd. has partnered with premium Japanese department store 'Takashimaya' to set up the first Takashimaya Department Store in Thailand at ICONSIAM as the national landmark's retail anchor.

The new Takashimaya, to be built with a total investment of Bht 3,000 million - of which Bht 1,800 million is the building construction value -
is expected to generate a wave of excitement because of its many new offerings for consumers in Thailand. It is also expected to be a major new tourism draw in Bangkok that will attract visitors from around the region who are familiar with the Takashimaya brand's promise to provide one of the widest and most exclusive selections of products.