BANGKOK - The Ministry of Commerce Minister has on Wednesday ordered the Department of Internal Trade to ask manufacturers to maintain their current product prices for at least three more months.
Watcharee Wimuktayon, permanent secretary for commerce, said the department has been directed to conduct a survey on product prices and determine which manufacturers can cope with the government's 00-baht daily minimum wage, which was enforced nationwide on Jan 1.
She said they will be urged not to raise their prices for three more months as directed by the cabinet.
It is expected the consumer goods prices will remain unchanged as most of the major manufacturers, such as Sahapat Group and Unilever, could still shouldrt the cost.
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Article source: http://www.thethailandlinks.com/2013/01/16/businesses-asked-to-freeze-prices/
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