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Tuesday, May 7, 2024

Ministry to gather input for price guidelines

Commerce Minister Phumtham Wechayachai is scheduled to hold discussions with major business operators, shopping malls, and exporters next week on the subject of guidelines pertaining to the reduction of product prices, insisting draft guidelines should be finalised by early next month.

Mr Phumtham said ministry officials are quickly analysing the cost structure of 20 essential consumer products to determine which prices should be reduced.

“In reducing consumer expenses, it is also important to ensure fairness to all parties involved so as to not create new problems. At the moment, it remains impossible to provide an immediate answer regarding which products will see price reductions because a balance…

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