Thailand News in Brief

from Thai PBS WorldThailand and the world, every day

Swipe upto start reading / next story

Scroll downto start reading / next story

Key points summarised by AI
Check them against the full article

Cabinet approves price controls on 5 additional items

11 Sept 04:30Key points summarised by AI

The Cabinet approved an expanded list of 61 goods and 5 services for state price controls, aiming to ease living costs, prevent price gouging, and ensure fair trade.
Five new items were added to the control list: soybean meal, Asian seabass, young coconuts, soy sauce, and fish sauce, with soy and fish sauce now structurally separated for enhanced regulatory clarity.
Authorized under the Goods and Services Prices Act of 1999, this measure empowers the government to regulate items, preventing unfair pricing and consumer exploitation, with the list reviewed annually.
The government remains focused on monitoring essential goods and services, balancing the interests of consumers, businesses, and farmers to maintain economic stability amidst market uncertainties.

Today 07:52Key points summarised by AI

Commerce Minister Suphajee Suthumpun is actively working to finalize the Agreement on Reciprocal Trade (ART) with the United States Trade Representative (USTR).
The urgent objective is to conclude the deal before the USTR imposes additional tariffs under Section 301, aiming to maintain existing tariff rates, with the Minister joining the Prime Minister for related discussions in Japan and the US.