Thailand to set up long-term equity fund to support flagging market
Thailand's latest COVID-relief scheme hit by controversy
Trade Department checking stocks to ensure sufficient consumer goods
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Trade Department checking stocks to ensure sufficient consumer goods
Today 12:04Key points summarised by AI
Commerce Minister Suphajee Suthumpun directed the Department of Internal Trade (DIT) to ensure sufficient consumer goods and prevent price gouging across retail outlets.
The DIT is actively checking stocks at distribution centers and coordinating with distributors to increase supply in areas where floodwaters have receded and stores are returning to normal operations.
A dedicated 'War Room' has been established by the DIT to manage supplies and coordinate effectively with retailers, producers, and other agencies.
The ministry urged businesses to maintain fair pricing and encouraged consumers to report any instances of price gouging via the 1569 Hotline, with violators facing significant penalties.
Thailand's latest COVID-relief scheme hit by controversy
Today 00:43Key points summarised by AI
Thailand's Bt210 billion Rao Chana COVID-19 relief scheme faces widespread criticism for its initial eligibility criteria, particularly using outdated 2019 income data which failed to reflect current job losses, though this was later adjusted.
Experts and netizens questioned the fairness of differing handout amounts (Bt7,000 for self-employed vs. Bt4,000 for Social Security members) and the controversial exclusion of migrant workers despite their tax contributions.
Further concerns arose regarding the Bt500,000 bank deposit cap and the need for more accessible appeal processes and registration options for applicants, particularly those without smartphones.