Coss Posted June 11, 2023 Report Share Posted June 11, 2023 Thai police have busted another robber. A Lao national accused of stealing gold worth approximately 1.8 million baht from his home country was apprehended at a luxury condominium in the Mueang district in Khon Kaen province. The suspect, 27 year old Thao Sirasorn, was arrested in the condominium’s car park on Friday evening. Authorities seized eight gold necklaces, each weighing around 5 baht, with a combined value of 1.2 million baht. They also confiscated 300,020 baht in cash, a travel bag, and a shoulder bag. The suspect was subsequently taken to Mueang police station. The arrest took place after Lao authorities informed the Provincial Police Region 4 that the suspect had fled to Khon Kaen following a robbery at a gold shop in Vientiane on Thursday. The stolen items amounted to 84 baht-weight of gold ornaments, valued at around 1.8 million baht, Bangkok Post reported. https://thethaiger.com/hot-news/crime/lao-man-arrested-in-thailand-after-42k-gold-shop-heist Link to comment Share on other sites More sharing options...
Mekong Posted June 11, 2023 Report Share Posted June 11, 2023 Why is Thaiger reporting the weigh in Baht and prices in Thai Baht, I am pretty sure it is sold in Grams for Kip in Laos. Link to comment Share on other sites More sharing options...
Coss Posted June 11, 2023 Author Report Share Posted June 11, 2023 In general terms, Lao folk operate in Kip for small transactions, Baht for larger ones and especially Gold, and USD for bigger ones like Land. All interchangeable of course. Link to comment Share on other sites More sharing options...
Mekong Posted June 12, 2023 Report Share Posted June 12, 2023 So if I was I Laos and wanted to buy gold I would first have to exchange Kip for Baht, or prices quoted in Baht but paid in Kip? In Vietnam, which is approx 1.2 Dong to the Kip all prices are in Dong, my hotel bill was around 25,000,000 per month, the only time you hear USD is for imports Funny tale, when the wife fist got to Vietnam at a supermarket her bill came to X,000,500 VND and she was waiting for her 500 Dong change (they still had 500 notes back then) and was offered a stick of gum. She didn’t realise that 500VND was about 0.75 THB 555 Link to comment Share on other sites More sharing options...
Coss Posted June 12, 2023 Author Report Share Posted June 12, 2023 Again, in general terms, people will have pocket full of Kip and Baht and USD as a matter of course. All very multi currency. Link to comment Share on other sites More sharing options...
Mekong Posted June 12, 2023 Report Share Posted June 12, 2023 I never knew that, you learn something every day. Link to comment Share on other sites More sharing options...
My Penis is hungry Posted June 14, 2023 Report Share Posted June 14, 2023 Loa gold tends to be a slightly different colour to the gold Thai shops sell. They seem to like it slightly rose coloured Link to comment Share on other sites More sharing options...
Mekong Posted June 15, 2023 Report Share Posted June 15, 2023 Rose Gold is an alloy 75% Gold 25% Copper thereby reducing 22 Karat Gold to 18 Karat Precious Metals Link to comment Share on other sites More sharing options...
My Penis is hungry Posted June 17, 2023 Report Share Posted June 17, 2023 I'm sure there are multiple formula they use Link to comment Share on other sites More sharing options...
Mekong Posted June 17, 2023 Report Share Posted June 17, 2023 I’m sure there are, and each formula adds impurities thereby reducing the karat Link to comment Share on other sites More sharing options...
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