Showing 1 - 10 of 14
BAAC predicts Democrat farmer policy adoption
Business, Wichit Chantanusornsiri, Published on 20/06/2019
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) expects the new government to adopt a farmers' minimum income guarantee as promised by the Democrat Party, which is tipped to fill the agriculture minister's seat.
FPO: Recovery trickles down to grassroots
Business, Wichit Chantanusornsiri, Published on 29/06/2018
» Real farm income surged to a 13-month high in May, suggesting the economic recovery is finally reaching farmers and low-income earners, says a senior official at the Fiscal Policy Office (FPO).
Farm incomes on the rise
Wichit Chantanusornsiri, Published on 28/06/2018
» Farm incomes rose 9% year-on-year in May, the highest in 13 months, and grassroots consumption is likely to rise in the future, according to the Fiscal Policy Office (FPO).
Loans allotted to hold paddy
Business, Wichit Chantanusornsiri, Published on 10/11/2017
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) has set aside more than 80 billion baht in loans and grants for rice farmers who delay selling their paddy to stabilise prices.
Handouts aimed to aid rice farmers
Business, Wichit Chantanusornsiri, Published on 26/09/2017
» The government is preparing to provide cash handouts to farmers for their harvest of the main rice crop, with the amount capped at 12,000 baht per household.
State will take 16 years to pay off rice-pledging debt
Business, Wichit Chantanusornsiri, Published on 19/09/2016
» Government debt worth 510 billion baht, borrowed from the Bank for Agriculture and Agricultural Cooperatives (BAAC) to fund the last administration's loss-making rice-pledging scheme, will take an estimated 16 years to be paid off.
Rise of the patrician farmer
Business, Wichit Chantanusornsiri, Published on 01/12/2014
» People recognise Korn Chatikavanij as a successful investment banker-turned-politician who was once the country's finance minister. Today he has a new role: owner of a non-profit packaged organic rice manufacturing company.
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.
B137bn loan to farmers this harvest
Business, Wichit Chantanusornsiri, Published on 30/06/2014
» The state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) is set to offer at least 137 billion baht in low-rate loans to rice farmers for this harvest year as part of the junta’s measures to help them cope with low paddy prices.
BAAC urges action over fall in rice prices
Business, Wichit Chantanusornsiri, Published on 04/06/2014
» The Bank for Agriculture and Agricultural Cooperatives (BAAC) has urged the military junta to introduce measures to prevent rice prices from falling further when 20 million tonnes of second-crop paddy flood the market in the coming months.