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Saturday, May 4, 2024

Commerce captain charts cost of living course: Cost-cutting and export-boosting ahoy

Photo Courtesy of Bangkok Post

New Commerce Minister Phumtham Wechayachai aims to address the cost of living and align product prices with production costs. He plans to expedite efforts to discover new export markets and enhance Thai shipping opportunities through increased trade negotiations.

On his first day, Wechayachai emphasized his commitment to Prime Minister Srettha Thavisin‘s policies and assured prompt attention to public concerns, especially regarding living costs and product prices.

He intends to ensure that product prices reflect the cost of living, benefiting both citizens and entrepreneurs. Additionally, he’s pushing for the identification of new export markets to revitalize Thailand’s stagnant export sector, which has seen contractions this year.

Wechayachai called upon commercial counsellors stationed abroad to collaborate and accelerate trade discussions…

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