Showing 1 - 10 of 40
Farmer subsidy sign-ups outpace budgeted funds
Business, Wichit Chantanusornsiri, Published on 08/11/2019
» At least 2.6 billion baht must be added to the subsidy scheme for rice farmers after the number of participants was higher than expected, says the Bank for Agriculture and Agricultural Cooperatives (BAAC).
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.
Farm income schemes mulled
Business, Wichit Chantanusornsiri, Published on 21/04/2017
» The Finance Ministry is considering several measures, including a farm income guarantee scheme, as a means of providing income to farmers in a sustainable way, though it has ruled out a rice-pledging scheme.
B127bn earmarked for rice scheme
Business, Wichit Chantanusornsiri, Published on 04/11/2016
» The government's scheme to delay releasing 10 million tonnes of new rice supply to the market, aimed at propping up sinking prices, will use a combined 127 billion baht in loans and subsidies, says the chief of the Bank of Agriculture and Agricultural Cooperatives (BAAC).
PDMO tries to move pledging-scheme debt
Business, Wichit Chantanusornsiri, Published on 28/12/2015
» The Public Debt Management Office (PDMO) will make a fresh effort to transfer the 500-billion-baht debt of the Bank for Agriculture and Agricultural Cooperatives (BAAC) incurred under the Yingluck Shinawatra government's rice-pledging scheme to the fiscal debt ledger at next month's meeting.
Yingluck faces civil claim
Business, Wichit Chantanusornsiri, Published on 19/02/2015
» Finance Minister Sommai Phasee has instructed the Comptroller-General's Department to outline how to seek compensation from ousted prime minister Yingluck Shinawatra for estimated damage of more than 500 billion baht from the rice-pledging scheme.