Thailand hypermarkets Tesco, Makro, Big C to freeze, reduce prices

Thailand News Breaking News

Thailand News Breaking News. Image: TN.

Three giant modern-trade operators – Tesco Lotus, Big C Supercentre and Makro – have agreed with the Commerce Ministry to freeze or reduce the prices of more than 2,000 consumer goods and foods until the end of the year, as part of efforts to rein in the rising cost of living.

The three retailers yesterday met with Deputy Commerce Minister Yanyong Phuangrach and promised to set up special promotional plans for essential products, so that consumers do not have to shoulder higher living costs.

Read more: The Nation

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