As coronavirus batters Thailand’s economy, even Bangkok pawnshops feel the pinch

From his dusty Bangkok pawnshop, where gold deposits are still recorded in heavy wooden ledgers, Danai Tangvatanangkoon has had a ringside seat to decades of Thai economic crises.But since opening his business in 1989, nothing compares to the current crunch, he said, with forfeited power tools and watches stacking up as the economy crumbles under a third wave of the Covid-19 pandemic, the deadliest yet to hit Thailand.“People don’t have anything left to pawn. Our sales are even worse than the…

Share this:

What do you think?

Written by Headlines

Mainstream media is often "Fake News." Nevertheless, one needs to see what others are seeing and then read with discernment.

Leave a Reply

Your email address will not be published. Required fields are marked *

High cost of starting up a business in Hong Kong unlikely to deter foreign companies, say analysts

Ex-Goldman Sachs banker in Malaysia 1MDB scandal gets smaller ankle bracelet