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BAAC expects heavier rice losses
Business, Wichit Chantanusornsiri, Published on 14/10/2017
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) says losses from rice insurance will increase to an estimated 1 billion baht this year from 819 million in 2016, mainly because of a recent flash flood in the Northeast.
Repaying rice scheme debt to take 7yrs
Business, Wichit Chantanusornsiri, Published on 17/09/2014
» Paying off the 705 billion baht debt incurred by the Pheu Thai Party-led government's rice-pledging scheme will take around seven fiscal years if the governments pays a flat amount of 131.3 billion baht each year, the state-backed farm bank's chief says.