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Bangkok's $1.6bn megamall opens amid tourism downturn

Apple Store and Takashimaya make their debut in Asia's shopping paradise

Iconsiam's exclusive tenant list, upscale atmosphere and works from Thai and international artists could make for a big tourist attraction. (Photo by Akira Kodaka)

BANGKOK -- Iconsiam, which opens to the public on Saturday in one of the world's most competitive retail landscapes, already has something to worry about: slowing tourism.

The new megamall, located on the west bank of Chao Phraya River, houses 525,000 sq. meters of retail floor space. Its size surpasses that of another megamall, Central World, to take the crown of Bangkok's biggest.

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