THE THAI Retailers Association (TRA) said yesterday that it has come to an agreement with the board of the Airports of Thailand (AOT) to divide business concessions at airports into three separate contract types – for duty-free outlets; retail, food and beverage, service and banking; and duty-free pick-up counters. 

King Power Global Development Co Ltd, a joint venture firm between King Power International Thailand and King Power Group Hong Kong, has won the bidding for the management of a number of luxury brands at Hong Kong Duty Free, according to a press release yesterday.