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  1. #1
    Mid
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    the coin system ...........Bueller !!

    PM supporting coin system and monitoring Commerce Ministry closely
    17 Febuary 2008


    The Prime Minister and Defence Minister, Mr. Samak Sundaravej (สมัคร สุนทรเวช), says he supports the Ministry of Commerceís idea of solving Thailandís economic problems by applying the coin system. He also insists that he will follow up the work progress of the Commerce Ministry.

    At the Prime Ministerís weekly television program this morning (February 17th), Mr. Samak says the Finance Minister, Mr. Mingkwan Saengsuwan (มิ่งขวัญ แสงสุวรรณ), is looking into the price adjustments of 33 consumer products, and he is using the coin system to calculate their prices and production costs appropriately. Additionally, Mr. Samak says if the salaries of Thai people are confidential, consumers would not be affected and all sides would be fairly treated.

    The Prime Minister says his coalition government, consisting of six political parties, is working together to solve different problems of the general public, and the media will help inspect the governmentís performance.

    thainews.prd.go.th


    using the coin system to calculate their prices and production costs appropriately

    ?

  2. #2
    ding ding ding
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    Quote Originally Posted by Mid
    Mr. Samak says if the salaries of Thai people are confidential,
    Impossible to keep ANYTHING confidential in Thailand. Gossip world champions.

  3. #3
    Mid
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    using the coin system to calculate their prices and production costs appropriately

    Samak: Commerce Ministry probing price increase of 33 goods
    Monday, February 18, 2008


    BANGKOK, Feb 17 (TNA) Ė Deputy Prime Minister and Commerce Minister Mingkwan Saengsuwan was checking whether the recent increase in prices of 33 products was reasonable, said Prime Minister Samak Sundaravej on Sunday.

    Speaking during his weekly radio and television program, Mr. Samak said an increase in goods prices must be justifiable and in line with production costs.

    The price of some goods had risen unrealistically and Mr. Mingkwan was checking whether the increase in prices of 33 products was necessary, said Mr. Samak, adding he believed the use of money coins by people was important toward an increase in goods prices in the future.

    There has been suggestion of phasing out coins, because many products were priced to the baht and not satang. The Samak government however believed the use of satangs reflected the actual price of a product.

    An increase in goods prices in the future must be based on the actual rise in production costs, which meant money coins would play a vital role in any increase, said Mr. Samak.

    He said an unreasonable increase in goods prices in the country could be prevented if more money coins were used in the market and an adjustment in government civil servantsí salaries was not disclosed to the public like in the US.

    The media should not release any reports on salary increases for civil servants because goods prices rose every time such a report was issued, said Mr. Samak.

    Press reports earlier said the Treasury Department was busy producing coins after Mr. Samak came to power earlier this month.

    MCOT

    thailandoutlook.com

  4. #4
    bkkandrew
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    Quote Originally Posted by Mid View Post
    He said an unreasonable increase in goods prices in the country could be prevented if more money coins were used in the market
    Great, Samak's mentally ill BEFORE becoming mad through power...

    Pay everone in coins, have them drag sacs of the stuff with them. That'll cure inflation as people will not be able to lift the weight of money required to buy expensive goods!

  5. #5
    bkkandrew
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    Quote Originally Posted by Mid View Post
    adjustment in government civil servantsí salaries was not disclosed to the public like in the US.
    Quote Originally Posted by Mid View Post
    The media should not release any reports on salary increases for civil servants
    Thats handy then!

    Trebles all round!

  6. #6
    Days Work Done! Norton's Avatar
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    Quote Originally Posted by Mid
    Additionally, Mr. Samak says if the salaries of Thai people are confidential, consumers would not be affected and all sides would be fairly treated.
    Impeccable logic! If wages are unknown how could consumers be affected and by definition all treated fairly.

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