Price gouging
- Business News
Commerce ministry urges halt on soyabean oil price hikes
The Commerce Ministry issued a call to edible oil processors, urging them not to increase retail prices, citing no rise in production costs. This follows reports indicating that soyabean oil producers are considering raising the price of bottled soyabean oil. Goranij Nonejuie, Internal Trade Department Deputy Director-General, announced that the department has formally requested the Soyabean and Rice Bran Oil…
- Thailand News
Thailand targets inflated mud removal fees in flood-hit areas
Commerce Minister Pichai Naripthaphan has directed Thailand’s Department of Internal Trade (DIT) to initiate legal actions against backhoe operators in flood-affected provinces for inflating mud removal fees. Following visits to Chiang Rai and Chiang Mai over the weekend to assess the flood damage and expedite recovery efforts, Pichai received complaints about backhoe operators charging exorbitant fees for mud removals from…
- Phuket News
Phuket vendors warned over price gouging during inspections
Police in Phuket yesterday conducted an inspection at Malin Plaza Patong Market and Banzaan Fresh Market, warning vendors against price gouging. The investigation, led by Pathumphon Yamkerd of the Phuket Provincial Commercial Office, took place yesterday, July 10, at the two markets, aiming to ensure fair pricing and enhance Phuket’s tourism reputation. Some vendors were found not displaying prices, a…
- Phuket News
TikTok post accuses Phuket restaurant of unfair, unlisted prices
Gourmet meal or a price-gouging steal? An angry restaurant owner is firing back at a TikTok post claiming he was overcharging after a customer racked up a bill of over 10,000 baht. The restaurant in question is Khon Boran on Ranong Road in Phuket Town, while the TikTok poster, a Thai tourist, says he paid too much for his meal,…
- Crime News
Pattaya mayor calls for more security on Bali Hai pier
After a number of incidents went viral on social media, the mayor of Pattaya ordered officials to crack down on issues at the Bali Hai pier. Crimes like price gouging and tour boats operating without licenses have been frequently reported, so as of yesterday there will be a significant increase in police and security on the pier. Bali Hai pier…
- Thailand News
Consumer complaints hotline targets rip-off shopkeepers
A nationwide hotline number is now in operation to allow consumers to file complaints against shop owners who overcharge for basic necessities. Nation Thailand reports that the Commerce Ministry has launched the 1569 hotline following complaints of excessive charges for essential goods. Shopkeepers are being warned they face penalties of over 7 years’ imprisonment and/or a fine of 140,000 baht…
- Phuket News
Phuket government warn businesses against price gouging
The Phuket Vice Governor Pichet Panapong has reinforced the warning for vendors in Phuket to avoid price gouging or overcharging customers. He requested officials in Phuket to be vigilant in checking stores and vendors to make sure their pricing is reasonable and not artificially inflated. With the economic pummeling Thailand, and Phuket in particular, have taken with the loss of international…
- Transport News
Phuket taxi meeting: 20% fare cut, but doesn’t address gouging
The Phuket Office of the Public Relations Department has tried to paint a win for a meeting regarding overcharging taxis in the Phuket Sandbox, though the resolutions seem unrelated to the problem. During the meeting, taxi drivers agreed to a 20% discount for all fares until the end of the Covid-19 pandemic but did not address the problem of complaints…
- Covid-19 News
Phuket Governor warns face mask price gougers
Phuket’s Governor is warning profiteers against face mask price-gouging after news of a second wave of Covid-19 has rattled Thais. There has been 1 new case of Covid-19 reported this week. Governor Narong Woonciew says violators could face a fine of up to 100,000 baht or up to 5 years imprisonment. Narong issued the order just a week after news…
- Tourism News
Thai minister encourages hotels to stop price-gouging expats
The thorny issue of dual pricing has raised its ugly head again, this time with the current offerings for hotels as Thailand slowly winds up its tourism industry again. Tourism and Sports Ministry, Phiphat Ratchakitprakarn, is asking hotels to offer “fair packages to expats and resident foreigners, and avoid price discrimination”. He said that there are 2 million foreign residents who…
- Covid-19 News
Tourism minister says he’ll punish hotels price-gouging during “We Travel Together”
Hotel operators around Thailand will face being “delisted” and fined if they are found to be raising hotel room rates under the new stimulus campaign being rolled out by the Thai government, called “We Travel Together”. The campaign is designed to boost domestic tourism and covers 40% of a hotel’s room rate, as long as it doesn’t exceed 3,000 baht per…
- Health
Thai Department proceeds with crackdown on shameless price gouging on medications
Despite a lot of resistance from the local Thai private hospital networks, The Department of Internal Trade says they will proceed with its crackdown to control prices of medicines now that it has received their price lists. Once legislation is enacted, hospitals selling medicines above the median price set by the department will face fines and/or imprisonment. Since August 16,…
