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Search Result for “thai restaurant slump”

Showing 1 - 10 of 24

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LIFE

Redefining dining

Life, Nianne-Lynn Hendricks, Published on 27/06/2025

» In recent months, the restaurant industry has seen a 40% decrease in consumer spending, according to Thanivarn Kulmongkol, president of the Thai Restaurant Association.

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GENERAL

Tourism slump hammers restaurants

Business, Kuakul Mornkum, Published on 13/06/2025

» Every type of eatery is struggling this year as the economy and tourism slow, says renowned Thai chef and restaurateur Thitid Tassanakajohn, also known as Chef Ton.

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GENERAL

Tourism slump hurts Bangkok restaurants

Molpasorn Shoowong, Published on 27/05/2025

» Weak domestic spending and sluggish foreign tourism, particularly from the Chinese market, have caused restaurant revenue on Bangkok’s popular Banthat Thong Road to dip by 40-50%, according to the Bantadthong Association.

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BUSINESS

SET rides Asian rebound as bank worries ease

Business, Nuntawun Polkuamdee, Published on 18/03/2023

» RECAP: Asian equities advanced yesterday after a rescue package for First Republic Bank fuelled a rebound in US shares. Even so, the MSCI gauge of Asian shares recorded a second weekly loss after the recent turbulence in the global banking sector.

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THAILAND

Bunches of gladness on the way

News, Published on 14/02/2023

» Vendors at Pak Khlong Talat, the biggest wholesale and retail fresh flower market in Bangkok, are optimistic Valentine's Day on Tuesday will be profitable for them following a spike in early orders for red roses.

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BUSINESS

'More the merrier': Asia tourist hubs ready for China influx

AFP, Published on 06/01/2023

» TOKYO: In Tokyo's Asakusa tourist district, caricaturist Masashi Higashitani is dusting off his Chinese as he prepares for an influx of travellers after Beijing ends inbound quarantine rules.

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BUSINESS

Grab focuses on long-term journey

Business, Suchit Leesa-nguansuk, Published on 10/12/2022

» Amid economic uncertainty and a spending slowdown, super-app Grab projects the industry is moving towards new business practices where price wars become less intense, focusing instead on building customer loyalty and broadening customer segments.

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BUSINESS

Global markets advance, foreigners power SET

Business, Nuntawun Polkuamdee, Published on 27/08/2022

» RECAP: Global markets advanced as investors believe inflation might be starting to ease in many countries, but they were awaiting further signals yesterday from US Federal Reserve chairman Jerome Powell about how aggressively he will raise interest rates.

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LIFE

Regulate in moderation

Life, Thana Boonlert, Published on 14/03/2022

» 'Section 32 has been very painful to me," said Wichian Inkraidee, an owner of Kacha Kacha, a Japanese restaurant. He was blacklisted and faced a hefty fine for breaking the draconian alcohol law. In the last hour of 2014, an inspector on patrol found an image of a glass of beer on the menu, which was claimed to promote drinking.

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BUSINESS

Tourism reboot faces risk from Ruble slump, sanctions

Published on 02/03/2022

» A plunging ruble, flight cancellations and money-transfer difficulties are prompting Russian and European tourists to cancel trips to Thailand, a blow to the Asian nation’s tourism-revival efforts.