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OPINION

Buy high, sell cheap -- and you lose

Veera Prateepchaikul, Published on 22/10/2013

» The mathematics is simple and straightforward. When you buy something such as a pack of rice at 200 baht and you sell it at 150 baht, the loss is 50 baht. And if there were other costs too, then the loss will be higher.

OPINION

Commerce Ministry, land of fairy tales

Veera Prateepchaikul, Published on 12/07/2013

» The Commerce Ministry is quite the expert in keeping us amazed by the fairy tales it has continually pulled from its sleeves since the launch of the rice pledging scheme - which should be renamed the rice buying scheme - two years ago.