Opening up duty-free

As the auction for the concession to operate the duty-free zone at Suvarnabhumi airport comes closer, the fate of an underachieving industry hangs in the balance. The state-run Airports of Thailand (AoT) has not yet revealed whether it will do away with the current monopolistic concession model that has allowed only the sole operator, King Power International, to grow richer — at the cost of both…

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