Market

Commerce is not worried about rising labor costs. Push product prices up accordingly


Nonthaburi, 2 Deputy Ministers of Commerce divide work perfectly, believing that different parties can’t take care of work together without problems. Pointing out that the labor policy has increased to 400 baht nationwide. Accept that there is some impact on product costs. But the Ministry of Commerce has already prepared a product response plan. Emphasize that all parties do not have to worry about the 400 baht increase. Foreigners will receive more than Thais. The Ministry of Labor has plans and measures in place as well.

Mr. Naphinthon Srisanpang, Deputy Minister of Commerce and Mr. Suchart Chomklin, the new Deputy Minister of Commerce. Attended the 82nd anniversary of the founding of the Department of International Trade Negotiations. After that, there was an interview with the media. Specifies the division of work between the two Deputy Ministers of Commerce. Mr. Napinthorn said that he had discussed with Mr. Phumtham. Wechayachai, Deputy Prime Minister and Minister of Commerce, with the agency he is s
till responsible for is the Department of Business Development. Department of Intellectual Property and GIT Institute, while Mr. Suchat Will be responsible for the Department of International Trade Negotiations. Office of Trade Policy and Strategy and the International Institute for Trade and Development (Public Organization) ITD, confirming that Ministry of Commerce with ministers from 3 political parties, including Pheu Thai, Bhumjai Thai, and Ruam Thai Sang the Nation. It is the only ministry that even comes from different political parties. But the work will be one and will work together.

Especially he and Mr. Suchart know each other very well. Can work together How to move the Ministry of Commerce forward? and can work for the country We will prove that even though we come from different parties, we can be united in our work and for the work of the Department of International Trade Negotiations. From the beginning, he used to take care of it and gave it to Mr. Suchat to take care of it. I believe it wil
l move forward well. It is believed that Mr. Suchat himself has had many jobs as a former Minister of Labor. Knows foreign work very well, especially which countries require workers and how to enter The Department of International Trade Negotiations has the work of the Ministry of Labor. It is believed that Mr. Suchat will be able to lead the Department of International Trade Negotiations very well. in creating work for the Ministry of Commerce

Mr. Suchat said that he would like to thank both of them, Mr. Phumtham and Mr. Narintorn, for giving me the opportunity to work in the Ministry of Commerce. About the agency that divides like brothers It was not difficult because he was considered the youngest. As a new member of the ministry, you must learn on the job. Ready to work in response to government policy and in response to the policies of the Prime Minister and Deputy Prime Minister Bhumitham. It was discussed that all departments work together as one, not looking at political parties, but primarily lookin
g at taking care of the people’s lives. Ensure that Thai entrepreneurs can go abroad. Believe that the national economy will be good. The Ministry of Commerce must be the main

As for the issue of wages of 400 baht nationwide from now on, this will be an important factor. But I’m not worried about anything because I have to take care of the people’s mouths, the mouths of my brothers and sisters, and the whole people. While at the Ministry of Labor, I looked at the security and well-being of our fellow workers. The matter of the Ministry of Commerce is about the country as a whole. Matters of the import-export economy, matters of daily living, cost of living for each person on a daily basis. This section is the main part of the Minister of Commerce. The policy has been given that everything must be balanced so that people and business partners can live together.

However, with the 400 baht wage considered to be government policy, it is necessary to adjust accordingly and believe that there is a way to take car
e of it. Both the Prime Minister and Deputy Prime Minister Bhumitham already take care of the people’s living expenses. If you are afraid that the cost of living will increase There is already an agency to take care of it. And as for the private sector, it is believed that if wages increase, Thailand will be able to compete with the rest of the world. Living expenses must also be taken care of.

Mr. Naphinthorn added that the labor cost will increase by 400 baht that will start on October 1st. He admitted that it will have some impact on product costs and that some products need to be adjusted upwards. But it’s not like the Ministry of Commerce will allow products to rise without direction. Because any costs that actually increase must be increased according to the actual costs. But if the analysis turns out it doesn’t have a big impact, then there’s no need for the product to go up. There are still several months to consider before the labor payment is announced. The Ministry of Commerce has prepared a suppo
rt plan.

Source: Thai News Agency