A forfeited watch is seen at a pawnshop in Bangkok, as Thais struggle for cash during the Covid-19 pandemic. Photo: Vijitra Duangdee A forfeited watch is seen at a pawnshop in Bangkok, as Thais struggle for cash during the Covid-19 pandemic. Photo: Vijitra Duangdee
A forfeited watch is seen at a pawnshop in Bangkok, as Thais struggle for cash during the Covid-19 pandemic. Photo: Vijitra Duangdee

As Covid-19 batters Thailand’s economy, even pawnshops are running out of customers

  • A pawnshop owner says the fallout from the Covid-19 pandemic is worse than the Asian financial crisis in 1997, as indebted Thais ‘have nothing left’
  • With GDP forecasts slashed, Prime Minister Prayuth Chan-ocha’s government is hoping economic stimulus measures will boost growth

Topic |   Coronavirus pandemic
A forfeited watch is seen at a pawnshop in Bangkok, as Thais struggle for cash during the Covid-19 pandemic. Photo: Vijitra Duangdee A forfeited watch is seen at a pawnshop in Bangkok, as Thais struggle for cash during the Covid-19 pandemic. Photo: Vijitra Duangdee
A forfeited watch is seen at a pawnshop in Bangkok, as Thais struggle for cash during the Covid-19 pandemic. Photo: Vijitra Duangdee
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