Thailand’s besieged government faces a major confidence vote in financial markets next week when a state bank will try to raise about US$600 million in a domestic bond to fund a rice-subsidy scheme that has helped fuel the country’s political crisis. The generous intervention scheme helped Prime Minister Yingluck Shinawatra win power in a 2011 […] Read more
Thai gov’t seeks funds for rice scheme that fuelled protests
Thai sacred oxen predict big rice crop
Reading Time: < 1 minute Sacred white oxen at Thailand’s plowing ceremony May 13 predicted a big rice crop, an ominous sign for a government running out of space to store vast stocks after two years of buying at above market prices to help farmers. Thailand’s Agriculture Ministry forecasts paddy output of 27 million tonnes in the 2013-14 main crop […] Read more
Cyber-Savvy Farmer
