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Business tenants of Bangkok’s Khlong Thom Centre wiped out after decades of work went up in flames

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Fire destroys Bangkok’s Khlong Thom Centre and 300 stalls, wiping out decades of family toil. Traders lose millions, often uninsured, as relief averages barely ฿20,000 apiece. ( Source: Khaosod )

Generations of family enterprise go up in flames as Bangkok’s Khlong Thom Centre and 300 stalls are destroyed. Traders face multimillion-baht losses with weak cover and barely ฿20,000 in relief. Chadchart says the complex cannot be saved. Gone for go

Key facts

Summary

Decades of hard work building family businesses went up in flames when Friday night’s inferno destroyed Bangkok’s Khlong Thom Centre. Around 300 stalls were lost as fire tore through the four-rai electrical and automotive hub, leaving traders without shops, stock or capital. Many face multimillion-baht losses without adequate insurance, while expected government relief averages barely ฿20,000.

The Bangkok Metropolitan Administration is managing the wreckage left by Friday night’s Khlong Thom Centre fire. The blaze destroyed a major electrical and automotive trading hub in central Bangkok. Hundreds of stalls, storage areas and small businesses were burned out. Meanwhile, traders face multimillion-baht losses, weak insurance coverage and limited government relief.

Read full article at Thai Examiner →