The Straits Times of Singapore reported on Saturday that India has overtaken Thailand as the biggest rice supplier to Singapore _ the first time this is believed to have happened. The paper said Thailand had been the top source of the staple in Singapore since at least 1998, accounting for over half of overall supply […]
Recap: Signs of an end to the US fiscal standoff and a deal on the debt ceiling lifted global stocks last week. However, any increase in the debt ceiling is likely to be for a few weeks only, so uncertainty will prevail. The SET Index traded in the range of 1,411.11 and 1,469.59 points and […]
The main rice crop season was several hours old before farmers had taken more rice to the buying stations than the government had money budgeted to pay them. But there were signs, as the third year of massive subsidies began, that the rice-pledging scheme of the Pheu Thai government was both becoming the new normal […]
Petchanet Pratruangkrai Billions going to people who aren’t farmers, Pridiyathorn tells seminar; says direct payment is the way to go Three leading rice experts have got together to try to convince the government to scrap the rice-pledging scheme – or replace it with a direct-pay scheme. Former deputy prime minister and central bank chief MR […]
More grains pledged than state expected The government’s rice pledging budget for the 2012-13 season may increase as a great amount of paddy poured into the scheme, spurring the national rice policy committee to request an extra 9 billion baht in funding from the cabinet. Deputy Prime Minister and Commerce Minister Niwatthamrong Bunsongphaisan, who led […]
Viroj Na Ranong, PhD TDRI’s Research Director Over the past few decades, Thailand as a major exporter of a range of agricultural produce has sought to pressure other countries to stop their agri-cultural subsidies and open their markets to free trade. Even when faced with resistance from the more developed countries,many of which cited non-economic […]
