Bangkok Post Report: Money for the poor

Analysis: Negative income tax hopes to succeed where other social aid schemes have failed Developing countries by definition face a constant struggle against the problems of poverty and income inequality. Thailand is no exception. Over the past few decades, despite steady economic growth and industrialisation, inequality has remained a persistent and divisive factor within Thai […]

Better planning, more research needed before water project: academics

Academics have stressed the importance of planning and research – possibly for another year – on the proposed government water-management programme, along with the setting up of a special body to oversee the projects. Speaking at a seminar yesterday organised by the Thailand Development Research Institute (TDRI), Sucharit Koontanakulvong, a professor in the department of […]

Water plan needs focus, experts say

Patsara Jikkham NCPO urged to let public provide input Experts have warned the National Council for Peace and Order (NCPO) to carefully handle water management plans, fearing they could be disorganised, redundant and lacking a clear direction. They raised their concerns after the NCPO told state agencies to propose ideas for dealing with water-related problems […]

Farmers’ aid decision pushed back

A final decision on measures to help farmers has been put off, with the rice-related working panels asking for more time to prepare information. As scheduled, the first meeting of the rice administration and management policy committee yesterday chaired by junta chief Gen Prayuth Chan-ocha was due to give the nod to short-term measures that […]

Short-term rice aid proposed

Phusadee Arunmas  Plan will limit crop production costs Measures to address low paddy prices and spiralling production costs are likely to be finalised tomorrow, but some farmers may feel a bit disappointed as neither cash handouts nor any other sort of compensation will be involved. The meeting between Gen Chatchai Sarikalya, deputy head of economic […]

2015 projects could run to B100bn

Wichit Chantanusornsiri & Sriwipa Siripunyawit  Details and budgets still subject to revision The first-year investment budget for the 2.4-trillion-baht infrastructure plan to be proposed today by the transport strategy committee is expected to reach 100 billion baht. The infrastructure plan will be forwarded to ACM Prajin Juntong, head of the economic team at the National […]

Industries urge end to price-capping

Phusadee Arunmas  Ceilings ‘warping market mechanisms’ Authorities are being urged to stop asking for cooperation from businesses to cap product prices, as such practices distort market forces. “In the long term, it is imperative to stop capping product prices,” said Pornsil Patcharintanakul, deputy vice-chairman of the Thai Chamber of Commerce (TCC). “State subsidies should be […]

Experts call for total overhaul of rice industry

Keanchai Rungfapaisarn COUNTRY SHOULD REDUCE PRODUCTION AND FOCUS ON HIGHER QUALITY, SOME SUGGEST THE RICE-PRODUCTION Sector needs a major revamp to sustain itself amid high costs and heavy competition in export markets, a roundtable has heard. According to some participants, the Kingdom should abandon its strategy of massive production and low prices and move toward […]

‘Replace subsidy system with welfare system’

THE NATIONAL COUNCIL for Peace and Order should replace the country’s subsidy system, including the rice-pledging policy, with a welfare system that would cover all people and the poor in particular, Nipon Poapongsakorn, a distinguished fellow at the Thailand Research Development Institute, said yesterday. An administrative system should be set up to run the social […]

Overhaul farmers’ subsidies, experts insist

  PHUSADEE ARUNMAS Market intervention should be last resort Academics and rice experts have repeated their calls for a major overhaul of farmers’ assistance and subsidy programme, saying market intervention should be the last resort to be applied by the government. “We don’t object to farmers’ assistance measures or any subsidies, as long as the […]

Grain of hope

Two farm economists offer rational solutions to helping rice farmers earn a living wage. By Sriwipa Siripunyawit  After six months of political drama and negative economic reports, the recent bulletin about rice farmers being paid for their pledged rice was a rare bit of good news. Smiles from poor rice farmers gave many in the […]

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