Cash-strapped Thais flog off jewellery | The Malaysian Insight

  • 📰 msianinsight
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

Malaysia Headlines News

Malaysia Latest News,Malaysia Headlines

Cash-strapped Thais flog off jewellery

Thais wearing masks amid fears of Covid-19 selling their jewellery in a gold shop in Bangkok’s Chinatown yesterday. – AFP pic, April 16, 2020.

THAIS are flocking to Bangkok’s Chinatown to sell their gold jewellery as the price of the precious metal spikes and the economy tanks due to the coronavirus pandemic. Gold surged to a seven-year high on Tuesday to US$1,731.25 an ounce, following global moves led by the US to re-inflate economies with trillions of dollars of stimulus measures.

Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Cash-strapped Thais sell jewellery as gold price reaches 7-year highTraders have bought tens of millions of dollars worth of gold since Tuesday. FMTNews Covid19 Thailand Gold
Source: fmtoday - 🏆 5. / 72 Read more »

Covid-19: Collapsing economy sees Thais selling their jewelleryBANGKOK: Thais are flocking to Bangkok’s Chinatown to sell their gold jewellery as the price of the precious metal spikes and the economy tanks due to the Covid-19 coronavirus pandemic.
Source: NST_Online - 🏆 17. / 53 Read more »

Thais form 'Milk Tea Alliance' in online backlash that angers BeijingChinese embassy's Facebook post triggered over 17,000 comments mostly from angry Thais. FMTNews China
Source: fmtoday - 🏆 5. / 72 Read more »

Japan’s Abe pressed to pay out more cash as coronavirus hits economy | Malay MailTOKYO, April 15 — Japanese Prime Minister Shinzo Abe is under pressure to take bolder steps to soften the economic blow of the coronavirus, with calls from his political partners to hand out more cash to more people. The government announced a nearly US$1 trillion stimulus package last week...
Source: malaymail - 🏆 1. / 86 Read more »

Developers urge gov't to repay outstanding GST refunds to ease cash flowThe Master Builders Association Malaysia says the GST refunds are necessary to ease the current cash flow problems faced by the construction industry.
Source: malaysiakini - 🏆 20. / 51 Read more »

Cash aid for e-hailing driversPETALING JAYA: Some 90,000 full time e-hailing drivers will receive the RM500 cash aid under the Prihatin Rakyat economic stimulus package next week, says Tengku Datuk Seri Zafrul Tengku Abdul Aziz.“ SAVE the cash for World's Bleak FUTURE !!
Source: staronline - 🏆 4. / 75 Read more »