Showing 1 - 10 of 17
Govt rice losses: 130 billion baht, not 34 bil
Jon Fernquest, Published on 17/06/2013
» Low estimate didn't include market value of unsold rice in storage. Rice is perishable & falls in value so market value is real value (mark-to-market).
Rising baht: Dollar borrowing by Thai banks
Jon Fernquest, Published on 20/05/2013
» Interest rates lower in other countries, so Thai banks borrow there in dollars causing baht to rise in value making Thai exports less competitive.
Govt debt: Borrow 2 trillion now for next half century?
Jon Fernquest, Published on 21/03/2013
» Borrowing in one lump sum for next 50 years without public participation, transparency or oversight? This provides big corruption opportunity, say critics.
Capital inflow: Stock & real estate bubble?
Jon Fernquest, Published on 15/02/2013
» As foreign investment money flows into Thailand, fears of speculation, high stock & real estate prices & burst bubbles worry experts.
Rice policy mainly benefits rich people
Jon Fernquest, Published on 08/08/2012
» Poor farmers get 5% of govt rice program money, merchants & millers get 63%.
Govt rice prices ignore global markets: Road to ruin?
Jon Fernquest, Published on 21/05/2012
» Paying for rice far above world market prices, govt may be destroying Thailand's rice sector & handing leadership to India & Vietnam.
End of central bank independence?
Jon Fernquest, Published on 30/03/2012
» Everyone wants a weak baht for cheap competitive exports, but there is a limit to what can be done point out central bank bank head & economists.
Accused
Terry Fredrickson, Published on 24/02/2012
» Prime Minister Yingluck Shinawatra has accused four Democrat MPs, Thepthai Senpong, Sirichok Sopha, Chavanond Intarakomalyasut and Mallika Boonmeetrakul, of defaming her in connection with her private meeting at a Bangkok hotel.
New tax on bank deposits
Jon Fernquest, Published on 14/02/2012
» Bank deposit tax hike from 0.4% to 0.47% (0.01% for deposit insurance, 0.46% for lingering 1997 crisis debt). Same tax for state & commercial banks now.
World rice supply soars, prices to fall?
Jon Fernquest, Published on 17/01/2012
» Increased rice production by India & rice importing countries pose danger for Thai world rice market leadership.