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Bangkok Post

Business

Industry urges drought measures

Drought JSCCIB Prayut Chanocha Thailand

A photo shows the dried up Yom River in Phichit province in March 2022. Drought remains a chronic problem in the country and climate change is expected to worsen the situation.

The Joint Standing Committee on Commerce, Industry and Banking (JSCCIB) plans to ask Prime Minister Prayut Chan-o-cha to brace for drought and possible water shortages that will affect businesses, causing them to increase the prices of goods again.

The Russia-Ukraine war, which led to a surge in global oil prices, caused some entrepreneurs to adjust their prices last year as they were unable to bear higher energy fees without passing along the cost.

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