Thailand Freezes Prices on Essential Goods Amid Regional Tensions

Thailand Freezes Prices on Essential Goods Amid Regional Tensions

Thailand’s Commerce Ministry has frozen prices on several essential goods as officials respond to economic pressure linked to the Middle East conflict. The current list includes items such as canned fish, instant noodles, and milk, with manufacturers required to seek approval before increasing prices. Authorities are also looking to expand controls to cover products including palm oil, tissues, shampoo, detergent, and soap. Ministers say any requests for higher prices will be reviewed against real production costs to keep the process fair. For goods outside the control list, the government is working with major producers and retailers to roll out discounts and ease the burden on consumers.