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rice pledging scheme

Thailand’s ex-PM Yingluck said to have fled to Dubai

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Former Thai Prime Minister Yingluck Shinawatra is said to have fled Thailand before a scheduled court verdict on August 25 that could have led...
Former Thai PM ordered to repay $8.1 billion for failed rice scheme

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Former Thai prime minister Yingluck Shinawatra, ousted in 2014 by a coup d'etat,  on May 13 was held accountable to pay around $8.1 billion...
No buyers for Thai rice stockpiles

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Global rice buyers remain reluctant to purchase Thai rice even though prices have fallen drastically and are now on par with Vietnamese grain, the...
Next: Unpaid Thai rice farmers may protest

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The populist rice pledging scheme in Thailand, which was originally meant to keep millions of rice farmers loyal to the government by buying rice...
Thai rice scheme gets another cash injection

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Thailand's Bank for Agriculture and Agricultural Cooperatives (BAAC), responsible for payouts to rice farmers, will borrow 140 billion baht ($4.51 billion) with the finance...
Thailand needs more money for rice subsidies

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Thailand may need to raise new funds for its disputed rice buying scheme as it has fallen behind schedule in repaying the state bank...
Rice mountain growing in Thailand

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Thailand as of late has been desperately trying to reduce its piling rice mountain by selling off stockpiles in international tenders, but the results...

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In Thailand's never-ending story of its costly rice subsidy scheme, the country's ministry of finance has now said it needs to cap the loss...

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Despite all bad news and the fiscal trouble it has caused, the Thai government said its controversial rice pledging scheme will "continue until rice...

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Thailand’s Prime Minister Yingluck Shinawatra appears to be armouring herself for battle. The country’s first female head of state, Yingluck appeared before a royal...

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The day Thailand's reshuffled cabinet approved the reversal of the rice price cut for farmers and reset it to 15,000 baht ($483) per tonne,...

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The Thai rice thriller gets an extension: The newly established cabinet of Thai prime minister Yingluck Shinawatra on July 1, one day after it...

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The populist rice pledging scheme in Thailand that granted each farmer a fixed price of 15,000 baht ($484) per tonne could lead to a...

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Thousands of upset rice farmers from up to 40 Thai provinces are expected to storm Bangkok on June 25 and hold a massive rally...

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Farmers from 22 Thai provinces have issued the government in Bangkok an ultimatum of seven days to to reconsider its decision to slash the...

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The Thai government under much criticism agreed on June 19 to cut the fixed price for its rice subsidy scheme from 15,000 to 12,000...

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Global rating agency Moody's Investor Service has warned Thailand that accumulated losses from its rice pledging scheme could result in a credit rating downgrade...