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Thai govt to put coconuts on state price control list


webfact

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Government to put coconuts on state price control list

 

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BANGKOK, 24 October 2018 (NNT) – The government plans to put coconuts on the state price control list in a move to end the domestic coconut price slump. 

The Permanent Secretary for Commerce, Boonyarit Kalayanamit, said on Tuesday that the Ministry of Commerce has proposed putting coconuts and coconut products on the state price control list for approval by the vegetable oil and crops' committee. 

Once on the price control list, manufacturers have to secure prior approval from the Department of Internal Trade before changing the size and price of their products. Manufacturers are required to supply officials with details of changes, while letting authorities know the source of purchases. 

The move is also expected to help curb coconut smuggling. Violators are subject to five years in jail, a fine of up to 100,000 baht, or both.

 
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-- nnt 2018-10-24
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28 minutes ago, webfact said:

Once on the price control list, manufacturers have to secure prior approval from the Department of Internal Trade before changing the size and price of their products

So what do you do at the Ministry of Commerce Somchai?

"I have a vital role in the Ministry as a coconut measurer".

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41 minutes ago, BigBadGeordie said:

So what do you do at the Ministry of Commerce Somchai?

"I have a vital role in the Ministry as a coconut measurer".

In fact when I'm out checking sizes, I have a French assistant. When I want the tape, I always say to him, "John, Le Mesurier"

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Just as coconuts get affordable again, the government steps in an ups the price.  Then consumers stop buying them, then there is less domestic demand, and the prices drops. 
Make a graphic - it's easier to 'get the picture' that way. 

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24 minutes ago, remorhaz said:

Well I want to know how they got the coconuts in the first place?  I haven't seen an African swallow flying around here in ages.

That's because it wasn't unladen.

 

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18 minutes ago, Vacuum said:

Who buys coconuts, what do you do with them?

50 baht each on Walking Street for the parched coconut loving tourists.

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5 hours ago, webfact said:

The move is also expected to help curb coconut smuggling.

Still can’t get my head around the fact that coconut smugglers exist. 

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2 minutes ago, Bluespunk said:

Still can’t get my head around the fact coconut smugglers exist. 

I can see a new line in fashion accessories: Forget the budgie smugglers, try our coconut smugglers for you oversize fashion victims.

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4 hours ago, Bluespunk said:

Still can’t get my head around the fact that coconut smugglers exist. 

I am sorry, sir, your papers are not in order, we need to do an in-depth search of your baggage and person. (I leave the rest to your imagination).

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