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THAILAND LIVE Thailand Live Wednesday 23 July 2025
Duty-Free Giant King Power Closes Shops in Bangkok and Pattaya File photo for reference only. Courtesy of Wikipedia King Power is closing three downtown shops in Bangkok and Pattaya, cutting costs as group tour revenues dwindle. The voluntary redundancy scheme aims to right-size operations for a smoother future, says CEO Nitinai Sirismatthakarn. Full story: https://aseannow.com/topic/1367532-duty-free-giant-king-power-closes-shops-in-bangkok-and-pattaya/ -
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Economy Duty-Free Giant King Power Closes Shops in Bangkok and Pattaya
File photo for reference only. Courtesy of Wikipedia King Power is closing three downtown shops in Bangkok and Pattaya, cutting costs as group tour revenues dwindle. The voluntary redundancy scheme aims to right-size operations for a smoother future, says CEO Nitinai Sirismatthakarn. Affected are the King Power Mahanakhon, Srivaree, and Pattaya branches, originally set up for tour groups. Changing tourism trends have led to an increase in independent travellers, which is causing a revenue dip. Airport duty-free shops remain unaffected by these shifts, still catering to individual passengers. King Power Duty Free Co is currently seeking to renegotiate its airport contracts with Airports of Thailand Plc (AoT). This comes as tourist arrivals in Thailand drop by about 5% this year, with a significant 33% fall in Chinese tourists. Consequently, AoT shares have plummeted by 35.6% since the year's start, worrying investors about potential revenue losses from King Power. Nitinai, King Power’s CEO since June 4 and a former AoT president, emphasises that these cost-control measures are independent of ongoing contract negotiations with AoT. He points out that similar adjustments are a common occurrence for many businesses, not just King Power. The company’s voluntary redundancy programme offers compensation according to labour laws, with no specific headcount reduction target. Employees at the closing branches can relocate to other company locations if they choose to stay, reported Bangkok Post. Founded in 1989, King Power remains Thailand’s largest duty-free shopping operator. Recently, AoT extended the payment terms for three contracts at five airports, allowing installment payments. Some minimum benefit payments have been deferred for eight months. Earlier this year, King Power considered terminating its airport contracts due to declining tourist numbers, highlighting the challenging circumstances facing the travel retail sector. Adapted by ASEAN Now from Bangkok Post 2025-07-23 -
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Gaza has been at risk of famine for months- experts. Here's why they haven't declared one
The journalists' association of the French wire service Agence France-Presse (AFP) warned on Monday that staff working with the agency in Gaza are at risk of starvation and that "without intervention, the last reporters in Gaza will die." The Société des Journalistes de l’Agence France-Presse (SDJ) said that the agency still has "one freelance writer, three photographers, and six video freelancers" working in Gaza after most of its staff left the Strip last year. Along with a handful of others, they are some of the last Western journalists reporting on the ground in Gaza. AFP journalists at risk of starving to death in Gaza 'without intervention,' news agency says -
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THAILAND LIVE Thailand Live Wednesday 23 July 2025
Jealous Wife Shoots Husband Dead in Bed, Then Takes Own Life Picture courtesy of Daily News. A murder-suicide unfolded in the early hours of the morning after a jealous wife fatally shot her husband at their home in Bang Kruai, Nonthaburi, before driving to a nearby canal and taking her own life. Full story:https://aseannow.com/topic/1367531-jealous-wife-shoots-husband-dead-in-bed-then-takes-own-life/ -
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Pope speaks against forced mass displacement of Gaza civilians
Cairo has voiced strong opposition to Israel's plan to establish a so-called "humanitarian city" on the ruins of Rafah in southern Gaza, warning it could trigger a mass exodus toward Egypt's border and further destabilize the region. In a phone call last week with the US Middle East Envoy Steven Witkoff, Egyptian Foreign Minister Badr Abdelatty firmly rejected the proposal. Israel reportedly plans to put up a gated camp, dubbed the "humanitarian city", to host an initial 600,000 Palestinians displaced from northern Gaza. Once inside, the Gazans will be prohibited from returning to their homes indefinitely, according to the Israeli proposal. Arab League holds emergency meeting to discuss Gaza humanitarian crisis -
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Crime Jealous Wife Shoots Husband Dead in Bed, Then Takes Own Life
Picture courtesy of Daily News. A murder-suicide unfolded in the early hours of the morning after a jealous wife fatally shot her husband at their home in Bang Kruai, Nonthaburi, before driving to a nearby canal and taking her own life. At approximately 03:30 on 22 July, officers from Plai Bang Police Station and rescue workers from the Poh Teck Tung Foundation responded to reports of a shooting at a high-end housing estate in the Bang Kruai district. Upon arrival, police discovered the body of 52-year-old Mr Chatrin, lying on his back on the bed with a gunshot wound to his right cheek. Initial investigations identified the shooter as his 28-year-old wife, Mrs Monrudee, who had fled the scene in a white car following the incident. Shortly after, authorities were alerted to an abandoned white car parked along the Maha Sawat canal. A pink handbag containing Monrudee’s work ID card was found nearby. A search was launched and her body was later found floating in the canal. She had sustained a fatal gunshot wound to the temple. However, no firearm was found at the scene, prompting divers to search the canal for the missing weapon. Preliminary inquiries suggest that jealousy may have been the motive, as Monrudee had reportedly discovered her husband was romantically involved with another woman. The couple had argued frequently in recent weeks. It is believed she shot her husband in a fit of rage, fled the house, and then, overcome by guilt or despair, shot herself by the water’s edge. The police are continuing to gather evidence and will proceed with a full investigation into the incident. Adapted by Asean Now from Daily News 2025-07-23
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