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Thailand approves taxi fare, consumer goods price hikes

Friday, 20 June 2008


BANGKOK, June 19 (AFP): Thailand's commerce ministry has given the go-ahead for a price hike on basic consumer goods like toothpaste and powdered milk as soaring global oil prices push up costs, an official said today.

Bangkok taxi drivers are also set to raise their fares, the first such hike for the capital's cabbies since 1992.

Vatchari Vimooktayon, deputy director of the internal trade department, approved price rises for about 60 consumer products after meeting manufacturers Wednesday, a spokeswoman from the department told newsmen.