Suphajee reports 90-day Commerce Ministry results

Khaosod•Economy•2d ago

Reader Briefing

Deputy Prime Minister and Minister of Commerce Suphajee Suthamphan announced the Ministry of Commerce's 90-day performance results on August 24.

•Suphajee Suthamphan detailed the Ministry of Commerce's performance for the period of April to July 2026.
•The Ministry implemented five main policies focusing on cost of living, agricultural products, and SME strength.
•Cost of living measures reduced expenses for citizens by over 818 million baht and generated over 2,900 million baht in economic trade value.
•The number of legal entities identified as nominee risk groups decreased to 141 between August 1 and August 20, 2026.

•On August 24, Suphajee Suthamphan revealed the performance results of the Ministry of Commerce for the 90-day period from April to July 2026.
•The Ministry of Commerce implemented a policy to reduce the cost of living through price reductions with malls and suppliers and the 'Back to School' activity.
•Cost of living measures helped reduce expenses for citizens by over 818 million baht and created economic trade value exceeding 2,900 million baht.
•The Ministry of Commerce shifted agricultural product management from immediate problem solving to structural solutions, utilizing AI and Big Data.
•Agricultural prices increased, including oil palm by 45%, cassava by 79%, and rubber by 30%.
•Export prices for Jasmine rice increased by 10.66% to 1,173 USD per ton, and white rice increased by 19.13% to 467 USD per ton.
•The Ministry of Commerce increased inspections and integrated government and private networks to prevent nominees.
•Between August 1 and August 20, 2026, the number of legal entities in the nominee risk group dropped to 141.

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Suphajee Suthamphan(ศุภจี สุธรรมพันธุ์)

Deputy Prime Minister and Minister of Commerce who reported on the Ministry's 90-day performance.

Ministry of Commerce(กระทรวงพาณิชย์)ℹ️

The government ministry responsible for driving economic policies, managing the cost of living, and supporting SMEs.