Bangkok businesses feel the heat

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BKK chaosWhile most private businesses in Bangkok continued to operate while anti-government protesters began their “shutdown” campaign in several areas of the city on January 13, most of them decided to reduce opening hours.

Commercial banks had temporarily closed more 123 branches near the major rally sites, according to the Bank of Thailand. More than half, or 76, belonged to TMB Bank, followed by Krungthai Bank, which closed 16 branches.

The Stock Exchange of Thailand opened as usual. Although the Students’ and People’s Network for Thailand’s Reform has threatened to blockade the SET building on Ratchadaphisek Road on January 14, bourse president Charamporn Jotikasthira said the board of directors would meet as scheduled. The SET has prepared measures to deal with “any crisis caused by the protesters” and to carry on trading.

Department stores near protest sites were open on January 13 but closed earlier than normal because of congestion on the streets. Major shopping malls such as CentralWorld, CentralPlaza Ladprao, Gaysorn Shopping Centre, Siam Paragon and Siam Discovery also closed early as traffic jams inconvenienced their customers. Most of the malls were open by 10am, except CentralWorld, which was unable to open until noon. Union Mall, located on a five-way intersection in Lat Phrao district, was closed for the whole day.

Meanwhile, property and construction firms with offices near the rally sites such as Land & Houses, LPN Development, Sansiri, Pruksa Real Estate, AP (Thailand) and Siam City Cement remained open.

The Electricity Generating Authority of Thailand set up a special team to step up the security at its power production and transmission systems. It has also coordinated with the Metropolitan Electricity Authority and the Provincial Electricity Authority on the matter.

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Reading Time: 1 minute

While most private businesses in Bangkok continued to operate while anti-government protesters began their “shutdown” campaign in several areas of the city on January 13, most of them decided to reduce opening hours.

Reading Time: 1 minute

BKK chaosWhile most private businesses in Bangkok continued to operate while anti-government protesters began their “shutdown” campaign in several areas of the city on January 13, most of them decided to reduce opening hours.

Commercial banks had temporarily closed more 123 branches near the major rally sites, according to the Bank of Thailand. More than half, or 76, belonged to TMB Bank, followed by Krungthai Bank, which closed 16 branches.

The Stock Exchange of Thailand opened as usual. Although the Students’ and People’s Network for Thailand’s Reform has threatened to blockade the SET building on Ratchadaphisek Road on January 14, bourse president Charamporn Jotikasthira said the board of directors would meet as scheduled. The SET has prepared measures to deal with “any crisis caused by the protesters” and to carry on trading.

Department stores near protest sites were open on January 13 but closed earlier than normal because of congestion on the streets. Major shopping malls such as CentralWorld, CentralPlaza Ladprao, Gaysorn Shopping Centre, Siam Paragon and Siam Discovery also closed early as traffic jams inconvenienced their customers. Most of the malls were open by 10am, except CentralWorld, which was unable to open until noon. Union Mall, located on a five-way intersection in Lat Phrao district, was closed for the whole day.

Meanwhile, property and construction firms with offices near the rally sites such as Land & Houses, LPN Development, Sansiri, Pruksa Real Estate, AP (Thailand) and Siam City Cement remained open.

The Electricity Generating Authority of Thailand set up a special team to step up the security at its power production and transmission systems. It has also coordinated with the Metropolitan Electricity Authority and the Provincial Electricity Authority on the matter.

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