Connect with us
The clever new way to send money abroad

National

The Central Group, Thailand’s largest retailer to review investment plan

Published

on

The Central Group, Thailand’s largest retailer, will revise its medium-term investment and business plans after suffering devastating losses at its flagship CentralWorld mall earlier this month.

The Zen Department Store was destroyed and the main mall damaged in the riots that broke out nationwide on May 19 in clashes between red-shirt protesters and security forces.

Prin Chirathivat, the Central Group's executive director for finance, said the group would revise its 16-billion-baht investment plans for the year in the wake of the riots.

He said following a visit to CentralWorld yesterday that a final tally on the losses suffered by the group had yet to be made, nor was it known how much compensation would be paid by insurers.

via Central to review investment plan.

Click to comment

Leave a Reply

National

Thailand maintains Emergency Decree while easing Covid-19 restrictions

The Center for COVID-19 Situation Administration (CCSA) has extended the Emergency Decree until November 30th, but further relaxed some measures.

Published

on

Thailand’s Centre for COVID-19 Situation Administration (CCSA) approved a proposal to shorten the nighttime curfew to 10pm-4am, instead of the current 9pm-4am, and to resume other types of businesses from October 1st.

(more…)
Continue Reading

National

Thailand Approves Package to Attract Wealthy Foreigners and Professionals

Thailand’s Cabinet has approved an economic stimulus and investment promotion package aimed at attracting wealthy foreigners and highly skilled professionals from overseas to help revive the post-COVID economy.

Published

on

Thailand’s Cabinet has approved an economic stimulus and investment promotion package aimed at attracting wealthy foreigners and highly skilled professionals from overseas to help revive the post-COVID economy.

(more…)
Continue Reading

Most Read

Recent