Showing 1 - 9 of 9
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).
Rice industry corruption
Jon Fernquest, Published on 02/05/2012
» With dealings between millers, exporters & government invisible to public, rice industry corruption seems likely but also impossible to prove.
Labour day promises
Terry Fredrickson, Published on 02/05/2012
» At the big Labour Day gathering at Sanam Luang the PM and Deputy PM promised to fully implement the minimum wage policy and tackle the cost of living, but labour leaders asked for more.
‘Symbolic reconciliation’
Terry Fredrickson, Published on 27/04/2012
» The PM’s visit to General Prem yesterday was full of symbolism but it remains to be seen if reconciliation will result. Opinions vary.
Four Seasons controversy continues
Terry Fredrickson, Published on 22/02/2012
» The PM’s Four Seasons Hotel meeting continues to make news as the ombudsman wants an explanation and a Phue Thai MP is denied entry to the floor where the meeting took place.
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.
Everybody's going to get a raise
Jon Fernquest, Published on 22/09/2011
» New govt workers with university degrees starting at 15,000 per month was the original plan, now it looks like almost everyone has to get a raise.
Rice policy: Govt spending black hole?
Jon Fernquest, Published on 05/09/2011
» Will consumers pay for huge rice price subsidies, far above market prices? Will ignoring the market lead to a vicious cycle of government spending?