Thailand’s Ministry of Commerce Reports 90-Day Economic Progress

On August 24, 2026, Deputy Prime Minister and Minister of Commerce Supachai Sutumpun presented a progress report covering the Ministry’s activities from April to July 2026. According to Khaosod Online Thailand, the Ministry has focused on both short-term economic relief and long-term structural adjustments through five core policies.

Key highlights include efforts to combat illegal nominee business practices and initiatives aimed at lowering the cost of living. The Ministry reported that these measures, which include price reduction campaigns with retailers, 'Back to School' promotions, and support for SMEs to expand online, have successfully reduced living expenses for the public by over 818 million baht. Furthermore, these activities have reportedly generated approximately 2.9 billion baht in trade value, contributing to a broader total trade value of over 140 billion baht.

For residents and travelers, these initiatives suggest a continued government focus on stabilizing consumer prices and supporting local businesses. While the Ministry has highlighted these figures as evidence of successful policy implementation, the long-term impact of these structural changes remains to be seen. Further details regarding the specific mechanisms used to address nominee businesses and the sustainability of these price-reduction programs are expected to be clarified in future government briefings.