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Bangkok’s largest shopping mall expects to reopen in six months

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UPDATE : 4 June 2010A top executive of Central World, the shopping mall severely damaged by an arson attack during the red-shirt riots, expects it can reopen in six months.Managing Director of Central Pattana or CPN Kobchai Chirathiwat said the company still has not been able to evaluate the extent of damage to Central World but he expected the insurance company will release its estimation in two or three weeks.

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Kobchai said the collapse of Zen department store that shares the same building structure with Central World will have no effect on the latter as Zen covers only 10 percent of the 500,000 square meters of Central Worlds total space.Kobchai expected Zen to reopen in 14 months while Isetan, on the other side of Central World, will reopen in a month. The rest of Central World should reopen in six months.The CPN executive revealed the reconstruction at Central World will begin this month and its vendors can tenants can set their shops in two or three months.He also disclosed Central Worlds office building, the Centara Grand Hotel and the Bangkok Convention Center has resumed services since June 1.

via Thai-ASEAN News Network.

Bangkok is now recovering from 10 weeks of anti-government demonstrations that shut down much of the city.

1,400 entrepreneurs victims of Thailand’s turmoil seek government helpMore than 1,400 entrepreneurs and others who suffered losses totaling Bt2.7 billion inThailand’s recent political violence registered to receive assistance from the government from May 21-23.Chaired by PMs Office Minister Sathit Wongnongtoey, the newly-set up committee tasked with helping entrepreneurs and other individuals affected by political violence will meet Monday at Government House.

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Abuse against women still prevalent in Thailand

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In December 1999, the United Nations designated Nov 25 as the International Day for the Elimination of Violence Against Women, to commemorate the murder of the Mirabal sisters, the three Dominican political activists who opposed the dictatorship of Rafael Trujillo in 1960.

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Banking

Thai cabinet approves 350 billion baht Aid for COVID-hit Businesses

Thailand unveiled new measures to help small and medium COVID-hit businesses in the tourism industry hit by a liquidity crunch.

Olivier Languepin

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The Thai cabinet has approved assistance worth 350 billion baht($11 Billion) to help businesses affected by COVID-19 with soft loans and asset warehousing.

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Markets

Thai Mango growers complain of low prices and fewer exports

Because of the global COVID-19 pandemic, their mangoes are not being exported, due to fewer buyers, and their prices have plunged to between 10 and 20 baht per kilogram, depending on size.

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Mango orchard owners in Thailand’s northern province of Phitsanuloke are seeking help from the provincial administration to promote the sale of their sweet fruit, particularly Barracuda Mango variety.

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