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02:30
Tim Ho Wan dim sum restaurant exits Thailand after eight years in business
Tim Ho Wan dim sum restaurant is closing its final branch in Thailand after eight years in business.
Diners flocked to have a final meal at the Michelin-starred restaurant at Icon Siam shopping mall in central Bangkok on its last day on January 9.
The Hong Kong dim sum chain previously had four branches in Thailand.
Atipol Terahsongkran, deputy managing director of Foodland Supermarket, said the company had acquired an eight-year franchise for Tim Ho Wan in 2015 but decided not to renew as the restaurants had been suffering losses since the Covid-19 pandemic.
He said: 'I decided to buy the Tim Ho Wan franchise to enter the Thai market because it was a good brand. The food was delicious, affordable, and sells well.
'But during COVID, it came to a point where I became saturated and I wanted to focus on something else. So I decided not to continue.'
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