N.C.C. Exhibition Organizer Co., Ltd., or 'Neo', is set to host the 'Gift Fest by Thailand Bestbuys', showcasing gifts, home decor, and IT products with massive discounts of up to 70% to celebrate the end of the year and welcome the new year. The event will be tailored to meet consumer demands, and the president of the Thai Gift Association indicates that the gift market in the fourth quarter is recovering, pushing the annual value to 24 billion baht, creating a lively shopping atmosphere at the event.

Ms. Butsaya Prakobthong, General Manager of N.C.C. Exhibition Organizer Co., Ltd., or 'Neo' stated that the 'Gift Fest by Thailand Bestbuys' is an end-of-year showcase for gifts, home decor, and fashion, building on the 18-year legacy of the Thailand Bestbuys event, supported by the Thai Gift and Souvenir Association. Each year, the event format is adjusted to align with consumer behavior trends and introduce new elements. 'Neo' aims to make this event a hub for gifts, allowing attendees to choose items to give to their special ones during the Christmas and New Year festivities. The event will take place from December 13-17, 2017, from 10:00 AM to 8:00 PM at the Queen Sirikit National Convention Center, featuring a selection of special products categorized according to current consumer preferences, including home decor, household items, trendy designs from creative young minds, and fashion items with discounts of up to 70% on jewelry, cosmetics, clothing, bags, shoes, and popular brands like Quiksilver, Roxy, and DC. This year, two new categories have been added: IT gadgets suitable for gifts for the digital generation and products for adults or seniors, including supplements, innovative products, and convenience devices imported from Japan and Europe. Additionally, the event will collaborate with the Economic Reporters Association to showcase special products from reporters for sale at the event.

Furthermore, to facilitate customers wishing to send gifts to their special ones, a partnership with Kerry Express, a well-known parcel delivery service, will offer special promotional rates for gift delivery along with free wrapping materials exclusive to this event. No matter where the recipient is, they can rest assured that their gifts will be delivered intact.

To give back to customers shopping at the 'Gift Fest by Thailand Bestbuys', this year there are three special promotions: First, simply register to enter the event and receive a cute fabric bag immediately. Second, when spending 3,000 baht, customers can enter a draw to win a 200 baht Starbucks gift card or a 200 baht Central department store gift card. Third, for those who spend 5,000 baht, they can enter to win a fuel voucher worth 1,000-2,000 baht or a 5,000 baht cash coupon for further shopping at the event (limited quantities available each day, terms and conditions apply as set by the organizers).

"In the second half of this year, consumer purchasing power is expected to recover again, stimulated by various government measures, including assistance for low-income individuals through the state welfare card and promotion of trade and investment, resulting in improved purchasing power among the public. With the upcoming New Year festival, the gift market is anticipated to expand positively. It is expected that the event will generate at least 150 million baht in revenue, attracting no less than 120,000 visitors over the five days," Ms. Butsaya stated.

Another aspect that the 'Gift Fest by Thailand Bestbuys' team continuously emphasizes is delivering happiness to those less fortunate through the 'This Gift... is for You' project. This year, they invite attendees to donate essential items such as clothing, shoes, blankets, and daily necessities. The team will collect these items to donate to the 'Room of Blessings' of the Thai Red Cross Society, allowing participants to spread joy and smiles to others during this special upcoming festive season.

Mr. Jiraboon Wittyasing, President of the Thai Gift and Souvenir Association and Home Decor Association, stated, "The association has always supported the organization of Thailand Bestbuys, and this year we have gathered association members to showcase products, selecting those with outstanding items to display, such as health products, senior products, and pet products, which are popular in the market and in high demand. We believe this will attract interest from attendees. Additionally, government assistance measures, whether for low-income individuals or other economic measures, are positive factors that will help stimulate the buying atmosphere at the event.

The growth of the Thai gift market is recovering again, as seen in the fourth quarter, where the growth figures for the home decor gift market are returning to normal. The Promotional Gift market is performing well, particularly for water bottles and umbrellas, which are expected to reach a value of 11 billion baht. Meanwhile, the Seasonal Gift market, especially gift baskets, is projected to exceed 1 billion baht. Exports in the year-end period have increased by 3% compared to the same period last year, due to the recovering global economy, including the U.S. economy, which is a key trading partner accounting for 25% of export share. It is anticipated that total exports for the year will reach 24 billion baht. Furthermore, major companies like Disney continue to place orders from Thailand, confident in the quality of the products. Government economic stimulus measures are another factor that helps improve domestic consumption and encourages new entrepreneurs, boosting sales and exports, especially in the ASEAN market, as neighboring countries' economies are currently on the rise, leading to an expected 4-5% growth in the Thai gift and souvenir market next year.

The 'Gift Fest by Thailand Bestbuys' will be held from December 13-17, 2017, from 10:00 AM to 8:00 PM at the Queen Sirikit National Convention Center. For those interested, more details can be found at www.thaibestbuys.com or by calling 02-203-4222-5.

Thank you for the information from www.thaibestbuys.com