Modified price list gets cabinet nod - News Summed Up

Modified price list gets cabinet nod


Modified price list gets cabinet nodThe cabinet yesterday approved the new price control list, adding onions but removing sweetened condensed creamer, condensed milk, recombined milk and filled milk because of those products' subsiding popularity. Nonetheless, the number of product and service items on the state price control list remains unchanged at 52 items this year, including 46 goods and six services. The price control list covers essential items for daily use such as food, consumer products, farm-related products (fertilisers, pesticides, animal feed, tractors, rice harvesters), construction materials, paper, petroleum and medicines. Businesses making or selling listed products are required to inform the authorities of their production costs and seek approval before any price increases. According to Maj Gen Athisit, the government is keeping tapioca and tapioca products on the list and extending product items to cover cassava stems.


Source: Bangkok Post July 03, 2019 10:03 UTC



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