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Bangkok’s Tang Hua Seng shopping mall closes its doors to customers
SUNDAY, SEPTEMBER 08, 2024
The Tang Hua Seng shopping mall in Bangkok's Bang Phlat district will cease operations from Tuesday, in what the company believes is a temporary measure.
End of rocky road for Baskin-Robbins in Thailand as all stores shuttered
TUESDAY, MARCH 14, 2023
US-based ice cream brand Baskin-Robbins has announced it is shutting down its business in Thailand after suffering losses over the past 10 years.
True’s profits sink as it gets ready to merge with Dtac
TUESDAY, FEBRUARY 21, 2023
Telecom giant True Corp announced losses of 18.28 billion baht in 2022, as it prepares to complete its merger with Total Access Communications (Dtac) in the first quarter of this year.
AOT's losses drop this year as Thailand reopens to tourists
TUESDAY, NOVEMBER 22, 2022
As per data provided to the Stock Exchange of Thailand (SET), the Airports of Thailand (AOT) recorded a net loss of 11.09 billion baht for the 2022 fiscal year ending on September 30.
Man robbed Bangkok gold shop to make up for crypto losses: Police
SUNDAY, JUNE 19, 2022
A gunman who stole necklaces worth 2 million baht from a Bangkok gold shop on Saturday was attempting to make up for his massive losses in cryptocurrency trading, police said on Sunday.
THAI reports over THB3.2-bn loss despite 155% increase in revenue
TUESDAY, MAY 17, 2022
Thai Airways International (THAI) suffered a net loss of THB3.243 billion on revenue of THB11.181 billion in the first quarter of this year. The revenue, which excluded one-time transactions, marked a 155 per cent year-on-year increase.
Covid-19 crisis deals heavy blow to Chiang Mai elephant park
MONDAY, MARCH 14, 2022
Chiang Mai’s Maetaeng Elephant Park and Clinic has sustained more than 100 million baht in losses over the past three years and the owner is looking to sell the outfit.
Thai AirAsia reports whopping 11-billion-baht loss, but expects recovery in 2022
THURSDAY, FEBRUARY 24, 2022
Budget airline Thai AirAsia suffered operating losses of over 11 billion baht last year as its revenue plummeted due to travel restrictions amidst the Covid-19 pandemic and rising petrol prices.
Yingluck’s rice-pledging scheme racked up staggering losses, massive debts, tonnes of rotting rice: Anucha
MONDAY, DECEMBER 13, 2021
The rice-pledging scheme under former PM Yingluck Shinawatra’s 2011-2014 government incurred losses of up to 500 billion baht, the government announced on Sunday.
Record number of U.S. corporate giants lost money in pandemic
THURSDAY, OCTOBER 15, 2020
Add this to the list of ways the covid-19 pandemic has shaken up markets: Never before have this many large, public companies trading in the U.S. been unprofitable.
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