The commerce minister plans to ask local business operators to cut retail product prices to go in line with the recent and continued falls in the world oil price.
Commerce Minister Chaiya Sasomsap has instructed the Internal Trade Department to keep a close watch on consumer goods prices after the world crude price has fallen drastically in recent days. [...]
Internal Trade Department Director-general, Yanyong Phuangrach said the department will continue discussing price cuts for other consumer goods, although he admitted that the possibility of cheaper goods is smaller as the Commerce Ministry capped prices for a number of products when the oil price was high. (TOC)
The clowns of the Commerce Ministry have just discovered that water is… liquid !
Prices controls are good when the prices are supposed to go up… But when the prices are supposed to go down… well… they won’t… because they have been… capped.
Bravo, congratulations to the bozos !
It really doesn’t pay to take these clowns seriously, does it? I wonder what it would be like to be a fly in the wall during some of these conversations.
Hilarious I should think.
Bedwyr
I told you that Commerce Minister Chaiya Sasomsap’s livelihood is not much different from that of Chalerm Yoobamrung, Public Health Minister – owning a squad of hitmen, who you can hire to collect football gambling debts.
And it is also interesting to see somebody still proudly saying the same old mantra that “oh, this government is democratically elected. It is the government for the grassroots!!!”
Bigger disgrace than having a military-run government.
@ chinesethai
“Bigger disgrace than having a military-run government.”
No, you’re wrong. If the government is democratic you can vote the clowns out of office. A military government comes, stays and leaves as it pleases regardless how clowny they are.