The great rice fiddle

>>When Commerce Minister Niwatthamrong Bunsongphaisan told the sad story of how the current political brouhaha cost Thailand and its noble rice farmers a 1.2-million-tonne rice sale to China, the most common reaction was,”Huh?” This was the sale announced with fanfare last year, proving government-to-government rice sales were viable and successful. To put it another way,it […]

China cancels rice deal

Govt’s troubled pledge scheme takes fresh hit The caretaker government has been dealt another blow as China has pulled out of a deal to buy 1.2 million tonnes of Thai rice amid a corruption probe. The deal cancellation has added to the financial woes of the trouble-plagued rice-pledging scheme. “China lacks the confidence to do […]