Like millions of Thais, Tipvimol Wanitthaphan came to the capital Bangkok in search of a better livelihood to support her family. For most of the past four years, she managed to do so by running a small restaurant catering to office workers.
But sales have plunged by two-thirds in recent months, as an economic downturn kept cost-conscious customers away. With losses mounting, Tipvimol, 57, plans to shut up her shop when her lease expires in April.
“Right now, a lot of people are being laid off . . . so the purchasing power is lower,” she said, adding that she was worried about her own expenses and a car loan she has yet to pay back.
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