Thailand calls for businesses’ cooperation to stabilise product prices
The Thai Commerce Ministry has called for continued cooperation from manufacturers to maintain product prices as long as possible in order to curb the negative impact on consumers.
This move came after manufacturers proposed to increase the prices of their products to cope with higher production and raw material costs.
Wattanasak Sur-iam, director-general of the Internal Trade Department under Thai Commerce Ministry, told local media that the department talks with manufacturers every day and thanks them for their cooperation to maintain product prices.