TAGS "Business closures"
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Restaurant industry faces crisis as domestic spending drops, Chinese tourists vanish
Restaurant industry faces crisis as domestic spending drops, Chinese tourists vanish
THURSDAY, MAY 15, 2025
Reports from the Department of Business Development show that over 60% of new restaurants fail within the first year, a sharp rise from 40% just a few years ago.Ratchada Night Market Shuts Doors Suddenly, Leaving Businesses in the Lurch
Ratchada Night Market Shuts Doors Suddenly, Leaving Businesses in the Lurch
MONDAY, MAY 05, 2025
Traders face losses and job cuts as popular Bangkok night spot closes abruptly after lease expiresShoppers make last visit to Tang Hua Seng department store
Shoppers make last visit to Tang Hua Seng department store
MONDAY, SEPTEMBER 09, 2024
Locals in the neighbourhood say they have had strong bonds with the department store for a long timeEconomist warns of further industry closures
Economist warns of further industry closures
MONDAY, JUNE 17, 2024
More businesses in the automobile, electrical appliances, and electronics industries are under threat of closure because they are not moving quickly enough to adapt to digital technology and global trends, an economic expert from the University of the Thai Chamber of Commerce has told The Nation.Almost 2,000 businesses forced to close in July
Almost 2,000 businesses forced to close in July
MONDAY, AUGUST 21, 2023
Many Thai businesses are struggling to continue operations, with almost 1,867 businesses shutting up shop in July, an 18.70% increase compared to the same period last year, but in line with the trends in business closures over the past 5 years.People remember the ‘good memories’ as Phuket’s oldest department store counts down to closure
People remember the ‘good memories’ as Phuket’s oldest department store counts down to closure
MONDAY, MAY 01, 2023
Robinson Ocean Phuket, the southern province’s first department store, is shuttering on June 30 after serving the people for 28 years.2,684 companies close in November; construction sector worst hit
2,684 companies close in November; construction sector worst hit
TUESDAY, DECEMBER 27, 2022
The construction sector suffered the highest casualties among 2,684 companies that went out of business in Thailand in November, according to the Department of Business Development.Closures jump 17% in first 8 months
Closures jump 17% in first 8 months
FRIDAY, SEPTEMBER 18, 2015
THE NUMBER of business closures increased considerably in the first eight months as a result of lower crop and fuel prices and the strict regulating of the lottery industry, said the Business Development Department.