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Big firms to extend price freeze

Consumer product manufacturers agreed yesterday agreed to freeze their prices for another three to six months, but warned that market mechanisms should be allowed to determine appropriate prices. The private sector would co-operate with the government’s request, as production costs, particularly oil and raw materials have yet to rise significantly,said Prapot Nanthawatsiri, president of Thai Soap, Detergents and Personal Care Manufacturers’ Association.

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The Thaivest Editorial Team is a dedicated group of writers and editors with a passion for Thailand's vibrant economy, culture, and lifestyle. With diverse backgrounds in finance, economics, and journalism, we provide valuable insights into living well in Thailand, making money online, and practical tools for navigating its dynamic market. Our mission is to keep our readers informed about the latest developments, opportunities, and challenges in Thailand's economic and cultural landscape. Stay connected with Thaivest for reliable, well-rounded coverage of all things Thai.

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