BANGKOK, 16 May 2012 – Business operators have expressed their support to the government’s scheme to help shore up consumer burden by offering to control prices of hundreds of goods.
Commerce Minister Boonsong Teriyapirom said that the Commerce Ministry has recently held a meeting with producers to discuss the government’s price control policy.
At the meeting, all participating producers were asked to consider putting a cap on the prices of items, essential to daily life.
Mr. Boonsong stated that he has specifically solicited help from more than 200 business operators to hold their prices. He said all of them have agreed to collaborate with the Commerce Ministry’s request and will put a hold on the price adjustment from June to September.
The Commerce Minister added that all producers said that they will review their pricing policies again after the 4-month period has passed.
Meanwhile, participating producers have inquired that the government issues more coins to help slow down the price rise, which could be caused by the alleged lack of small change.
They also called for a state campaign to encourage the public to think carefully before spending and deciding on items to purchase.
