The Por Tor Festival, an influential cultural event among the ethnic Chinese throughout Phuket Island, sparked a surge in product demand and ideas of price gouging. In response, officers from the Phuket Provincial Commerce Office initiated checks among retailers to detect any signs of worth gouging during the event being held from August 28 to September 14.
Two of the retailers scrutinized yesterday had been a Phuket Grocery, situated in Phuket Town, and Namsaeng Rice Trading Ltd, a wholesale rice distributor. Pathumphon Yamkerd, the Chief of the Trade Economic Supervision and Development Group at Phuket Provincial Commercial Office, spearheaded the checks at each premises.
Upon inspection, officers discovered no evidence of product hoarding, a practice typically leading to unjustified price increases. They concluded that every one product costs have been clearly and accurately displayed, adhering to the authorized necessities.
Tawich Bunprasert, the supervisor of Phuket Grocery, confirmed the supply of ample inventory for products currently in excessive demand due to the festival.
“Thus, the costs can remain unchanged.”
Tawich sought to reassure customers.
“Please be assured that there shall be List to increase product costs due to increased client demand in the course of the competition, and it actually is not going to affect shoppers.”
The Phuket Provincial Commerce Office emphasized that enterprise operators should display prices clearly. Additionally, they encouraged consumers to not hoard extra products than essential, thus preventing panic-induced overbuying. The workplace, in its report on the checks, famous, “Due to the present scenario, it’s discovered that product prices are still throughout the regular range.”
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