Pattaya Daily News

17 March 2012 :: 12:03:28 pm 62645

Government worried about rising prices & energy consumption surge

BANGKOK, 17 March 2012 - The prime minister has called a special meeting with economic ministers due to worries over the impact from higher energy prices.
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Prime Minister Yingluck Shinawatra, on Friday, chaired a meeting with the economic Cabinet to discuss how rising oil prices will affect the cost of production and the cost of living in Thailand.

After the meeting was adjourned, Deputy Prime Minister and Finance Minister Kittiratt Na-Ranong told reporters that the Premier has instructed the Commerce Ministry to keep a close watch on each and every product, from the production line to the shelf, in order to make sure that consumers will not be taken advantage of by unscrupulous producers or vendors.

He added that the economic Cabinet agreed that it is mandatory for the government to make sure that rising energy prices will not have serious impact on the production and the transport sectors as well as the public.

In addition, PM Yingluck also ordered all state offices to launch a campaign to cut down on energy consumption by at least 10% and introduce an awareness campaign to encourage the private sector to conserve energy.

Mr. Kittiratt went on to say that the meeting has resolved to maintain the Cabinet’s decision to adjust upward the country’s minimum wage on April 1st.

Report by : NNT

Category : Thailand News

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