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THAILAND LIVE Thailand Live Wednesday 28 May 2025
Bangkok's Banthat Thong Road Sees 50% Drop in Restaurant Revenue File photo courtesy of My Guide Bangkok Bangkok's Banthat Thong Road, once bustling with diners and tourists, is now facing a significant downturn. The Bantadthong Association reports a dramatic revenue drop of 40-50% for restaurants on this famed street. Full story: https://aseannow.com/topic/1361991-bangkoks-banthat-thong-road-sees-50-drop-in-restaurant-revenue/ -
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Report Bangkok's Banthat Thong Road Sees 50% Drop in Restaurant Revenue
File photo courtesy of My Guide Bangkok Bangkok's Banthat Thong Road, once bustling with diners and tourists, is now facing a significant downturn. The Bantadthong Association reports a dramatic revenue drop of 40-50% for restaurants on this famed street. The decline is primarily attributed to weak domestic spending and a slump in Chinese tourism, which usually makes up 20-30% of daily visitors. Sittichan Vuttipornkul, the adviser for the Bantadthong Association, highlights that while the cost of ingredients and rent is climbing steadily at 5% annually, consumer spending is lagging. Compounding the issue is the drop in domestic tourism spending since early 2025, with some restaurants witnessing as much as a 70% dip from last year. Negative online reviews, citing overpriced and lacklustre food, also deter potential customers. Yet, there's a ray of hope in the form of lower rental costs. Around 80-90% of businesses rent directly from Chulalongkorn University at a lower rate of 350 baht per square metre, contrasting sharply with 700 to 1,000 baht in shopping malls. High aspirations for quick profit by some new restaurateurs haven't panned out, leading the association to contemplate discussions on sustainable business practices. Despite these challenges, Banthat Thong remains a vibrant culinary hub. Named the 14th coolest street globally by Time Out magazine, it plays host to more than 300 dining spots, ranging from well-established eateries to new ventures like Haab, known for its Thai egg pastries. Interestingly, the street continues to draw significant foot traffic — 10,000 to 30,000 visitors daily back in 2024. With a low closure rate of just 2-3%, there remains demand for investment. The Bantadthong Association envisions transforming this iconic street into a premier tourist hotspot for street food and lifestyle experiences. There's a clear focus on diversifying the customer base beyond the younger crowd with limited spending power. Future plans include collaborative activities with other businesses, aiming to attract visitors of all ages. The association is keen to avoid price wars that could damage long-term prospects, stressing the importance of value over pricing alone. Adapted by ASEAN Now from Bangkok Post 2025-05-28 -
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Western Allies Warn Israel Over Gaza Offensive as Fragile Talks Resume in Doha
Did any of them even think to back the fragile peace talks and demand Hamas agrees to releasing the hostages or just criticize Israel all the time? There is a very easy solution to stop the war on the table right now and has been for some time. US envoy says Gaza ceasefire deal is on the table, as Israel prepares to launch an ‘unprecedented attack’ US special envoy Steve Witkoff has told CNN that a ceasefire-hostage deal for Gaza is currently on the table with a pathway to end the war, and urged Hamas to accept it. The proposal would see the release of half of the living hostages and half of those who have died in exchange for a temporary ceasefire before negotiations begin for a comprehensive agreement to end the war. https://edition.cnn.com/2025/05/26/middleeast/us-envoy-gaza-ceasefire-deal-intl -
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Report Thai Police Launch Helmet Crackdown to Boost Road Safety
Unlikely. And how would that work, video evidence etc? Thais are largely apathetic, don’t like snitching (rightly fear of retribution) and the police wouldn’t have the resources or be bothered even. The helmet hullabaloo comes around regularly, as does the license thing, but rarely makes a dent and people go back to norm. -
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Politics Malaysia's PM Thanks Thaksin at ASEAN Summit for Myanmar Efforts
asking myself the exact same question. other than being the father of the mouthpiece pm... what authority does he have... oh! forgot... he is the puppet-master who actually is running the country
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