On July 31st, 2024, Mr. Sorathep Rojpotjanaruch, the Chairman of the Thai Restaurant Business Association, revealed that the restaurant industry has faced a significant drop in spending, exceeding 50% recently.

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The association had appealed to the Thai Prime Minister to address the current economic issues with immediate stimulus measures instead of solely relying on the upcoming 10,000-baht digital wallet scheme. More than half of the Thai restaurants in the association could close by year-end without prompt action, remarked Sorathep.

Full story: tpnnational.com

By Kittisak Phalaharn
TPNNational