Domestic news

Sellers banned from increasing the prices of goods

(KPL) Head of Commerce Department, Mr Santisouk Vilaychaleuan confirmed that as the water level of the Mekong rises there would not be any increase in the prices of consumer goods and agricultural products.
Normally, merchants increase the prices of their products when the Mekong river was rising to flood levels and this has been so from 8 August. The merchants reasoned to consumers that the flood water had inundated the land on which their crops were grown.
Mr Santisouk said that the Ministry of Commerce and Industry had take steps to control the prices of products in the markets. It has already ruled that the merchants in the country would not be allowed to make any price increase to their goods.
He said that the products from local provinces or foreign countries must continue to be priced at the normal levels.
There is no increase in the prices of daily consumer goods in the markets, such as rice, pork, beef, duck, chicken and fish, said Mr Santisouk.
Rice– 6,000-8,000 kip per kilo
Beef-33,000-35,000 kip per kilo
Pork-28,000-30,000 kip per kilo
The prices of vegetables has increased, albeit by a little
At the present, the Government has stockpiled 16,000 tons of rice and it is meant for those people who had suffered from the effects of the flooding.

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