Showing 1-10 of 13 results
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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).
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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.
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Government control over central bank?
Jon Fernquest, Published on 20/02/2013
» Will long-term inflation control goals of central bank bow to govt belief that cutting rates will help weaken baht & exports?
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House passes 2013 budget
Online Reporters, Published on 18/08/2012
» The House of Representatives early Saturday morning voted 279 to 8, with 127 abstentions, to pass the government’s 2013 fiscal budget bill.
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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%.
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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.
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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.
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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.
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Hide the government debt? (like Greece)
Jon Fernquest, Published on 20/01/2012
» Heed central bank & international financial markets warns outgoing Finance Minister Thirachai (former central banker & securities regulator).
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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.
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