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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
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
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
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.
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