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THAILAND

Govt orders probe into winning bid for 'old rice'

News, Phusadee Arunmas, Published on 25/06/2024

» Commerce Minister Phumtham Wechayachai has given the Public Warehouse Organisation (PWO) seven days to vet the suitability of the winner of the auction for 15,000 tonnes of old rice following public doubts about its financial status and possible connections with a political party or a major company.

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THAILAND

Counsel sought on Bank for Agriculture and Agricultural Cooperatives loan

News, Phusadee Arunmas, Published on 24/04/2024

» The government has agreed to ask the Council of State, its legal arm, to interpret whether the Bank for Agriculture and Agricultural Cooperatives (BAAC) can legitimately allow the government to borrow 172.3 billion baht to finance its digital wallet handout scheme partially.