Tesco Lotus slashes prices

The Thai operator of Tesco Lotus hypermarket chain is cutting the prices of essential fresh foods by 10-50 percent for six weeks to revive consumer spending.

Prices of more than 100 fresh food items including meat, seafood, vegetables, fruit and eggs are being reduced by up to half to help consumers during the difficult economic situation.

The campaign began on Thursday at Tesco Lotus hypermarkets nationwide and will run for six weeks.