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Commerce Ministry asks businesses to freeze prices to help consumers

Commerce Ministry asks businesses to freeze prices to help consumers

17 Sept 23:42 Key points summarised by AI
  • The Commerce Ministry's Internal Trade Department has requested businesses to freeze prices of goods, anticipating a potential increase in the minimum wage.
  • Officials state that the proposed 400 baht/day minimum wage hike should not significantly impact goods prices, as wages constitute only one element of overall production costs.
  • The department is monitoring flood impacts on vegetable supplies and has ordered the opening of 22 new outlets across 11 provinces to ensure consumers can purchase vegetables at reasonable prices, especially during the upcoming vegetarian festival.
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