Retail in Asia

In Markets

Price watchdogs mustered in Thailand

Thailand’s Commerce Ministry will recruit up to 15,000 volunteers across the country to monitor goods prices in their areas and help alert the government agencies to solve problems in time.

The ministry already says it has received more than 300 applicants for its Took Jai shop programme, and expects to have as many as 10,000 shops offering consumer goods at prices 10-20 percent below market levels.

Commerce Minister Boonsong Teriyapirom said officials were coordinating the efforts of volunteer networks under different departments to check on prices in fresh markets and supermarkets and report any unusual movement, particularly through the 1569 hotline of the Internal Trade Department.

(Source: Bangkok Post)