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Friday, April 26, 2024

With Price High, Thais With Dwindling Incomes Sell off Gold

BANGKOK (AP) — With gold prices rising to a seven-year high, many Thais have been flocking to gold shops to trade in their necklaces, bracelets, rings and gold bars for cash, eager to reap profits during an economic downturn.

At Wit’s End, Poorest Thais Turn to Charity for Survival in Pandemic

BANGKOK — A grandma selling shirts on Facebook Live for 3 baht. Blind masseuses struggling to navigate the government website for cash handouts. A taxi driver breaking down in tears on the news when he admits he has no food to eat.

5,000 Baht Cash Handouts Extended to 6 Months

BANGKOK — The government’s 5,000-baht cash relief program for those put out of work by the coronavirus pandemic was extended to 6 months in a Cabinet meeting on Tuesday.
A foreign tourist gets her temperature checked by military police officers at Ao Manao in Prachuap Khiri Khan province on March 19, 2020.

Gov’t Says Private Hospitals Can’t Charge COVID-19 Treatment

BANGKOK — The government on Saturday banned private hospitals from charging coronavirus patients for their treatments.

Thailand’s 50 Richest Less Rich Due to Pandemic, But Still Pretty Rich

BANGKOK — Thailand’s 50’s richest see their wealth dented due to the ongoing coronavirus pandemic, but still maintain much of their money even as millions of Thais are at the risk of unemployment.
A file photo of Khaosan Road.

As Bangkok Nightlife Shuts Down, Business Guilds Plead Gov’t for Help

BANGKOK — Business associations on Wednesday urged the government to compensate those affected by a recent order to shut down bars and other nightlife establishments for two weeks.

Govt OKs Free Covid-19 Treatment for Foreigners – But the Money Never Arrived

BANGKOK — Foreigners suspected of having the coronavirus or diagnosed with it are supposed to be eligible for free treatment. But no one knows what happened to the funds.

Foreigners Must Bankroll Their Covid-19 Treatment in Thailand: Officials

BANGKOK — Foreign tourists must rely on their own funds or insurance to pay for their treatment if they test positive for coronavirus in Thailand, government officials said.

CP Group Buying Tesco’s Thai, Malaysian Stores

BANGKOK (AP) — British supermarket chain Tesco has agreed to a $10.6 billion deal to sell all its stores in Thailand and Malaysia to companies belonging to the CP Group, Thailand’s biggest conglomerate.

2019’s Thai Economy Growth Lower Than Expected

BANGKOK (Xinhua) — Thailand's economy grew by 2.4 percent in 2019, lower than the previous estimate of 2.6 percent, said the National Economic and Social Development Council (NESDC) on Monday.

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