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Thailand and Indonesia to ink rice MoU

The government looks set to sign a memorandum of understanding (MoU) to sell as much as one million tonnes of rice a year in a government-to-government (G2G) deal with Indonesia late this month.

Thailand: Business sector to see average 2 1% revenue growth this year after dismal 2020

Thai business sector will see 2 1% revenue growth this year: TMB

Thai business sector will see 2 1% revenue growth this year: TMB
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Panel adds B3 83bn for price guarantee

3 Rice is harvested in a field in Phitsanulok province. A spokesman says the prime minister has voiced concerns about the government budget supporting ever-expanding rice price guarantees. (Photo by Taweechai Tawatpakorn) The National Rice Policy Committee chaired by Prime Minister Prayut Chan-o-cha approved yesterday 3.83 billion baht worth of additional spending for the state-sponsored rice price guarantee scheme for the 2020-21 crop year, raising total spending to 50.6 billion baht this harvest season. A higher budget has been allocated because there are additional registrants in the scheme, said government spokesman Anucha Buraphachaisri. He said the Commerce Ministry and the Bank for Agriculture and Agricultural Cooperatives have been tasked with preparing details to be proposed for cabinet approval.

Rice exports set at 6m tonnes

news Rice exports set at 6m tonnes The Bangkok Post © The Bangkok Post This year’s export target is slightly higher than last year’s. Wichan Charoenkiatpakul The government has set a target for rice exports at 6 million tonnes this year, slightly over the 5.72 million tonnes shipped last year. Of the total 6 million tonnes, Keerati Rushchano, director-general of the Foreign Trade Department under the Commerce Ministry, said white rice is expected to make up 2 million tonnes followed by Thai hom mali rice at 1.5 million tonnes, parboiled rice at 1.5 million tonnes while Pathum Thani fragrant rice, provincial fragrant rice and sticky rice would account for the remainder.

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