Bangkok (VNA)ℱ - The Thai government has recently approved to roll out farming subsidies worth over 1.3 billion USD, mostly to support the rice and rubber industries.
The policies would help the country better than the previous government’s policy, Thai Prime Minister Prayut Chan-O-Cha told reporters on November 5.
The government pledged to abolish the farming subsidy programme applied by the previous administration. However, 17 months after Prayut took office, incomes in rural areas where over 34 million people live were affected due to a decline in global food prices and weak export. Farmers called for the return of subsidies.
Last week, the government adopted measures worth 1 billion USD to help rice farmers and a subsidy package worth 365 million USD for rubber growers.
The former government’s rice subsidy programme, which bought rice at an above market price, was enormously popular among farmers but very expensive, leaving Thailand with vast piles of unsold stock. It cost the budge around 14 billion USD.
Former Yingluck Shinawatra also splashed out 620 million USD on building rubber storages under the subsidy programme. In January, she was accused of neglecting the rice scheme, resulting in disorder market.-VNA
The Ministry of Commerce is set to adjust the 2015 exports projection due to the global economy's uncertain recovery, and has ordered the Department of Foreign Trade (DFT) to communicate with private companies on the release of in-stock rice.
In his article, Oscar Sanchez Serra highlighted President Ho Chi Minh’s founding of the Thanh Nien (Young People) newspaper on June 21, 1925, which marked the birth of Vietnam's revolutionary press rooted in a bold and far-sighted vision.
Several ASEAN meetings are scheduled to take place in Port Dickson this September, including the Senior Officials' Meeting (SOM) for ASEAN Plus Three (APT), the East Asia Summit (EAS), the 15th ASEAN Maritime Forum, and the 13th Expanded ASEAN Maritime Forum.
Thailand's Prime Minister Paetongtarn Shinawatra has ordered the urgent implementation of a national policy to crack down on all forms of call centre scams, online fraud, and illegal gambling, which are now considered threats to national security.
Coordinating Minister for Economic Affairs Airlangga Hartarto and EAEU Trade Minister Andrey Slepnev jointly declared the conclusion of FTA talks on the sidelines of the 28th St. Petersburg International Economic Forum (SPIEF 2025), according to the statement.
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Pichai said the trade talks with the US are important and need to move forward professionally, without regard for any political changes in Thailand, believing that Thailand has clear principles, guidelines and procedures in place.
The tax adjustment supports the Malaysian Government’s strategy to reduce reliance on foreign food supply chains and to assist domestic farmers, a finance official has said.
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In the today context of socio-economic development and growth, the professionalism of Vietnam’s revolutionary journalists continues to rise, guided by exemplary mastery of new information technologies and the modernisation of their founding principles to preserve the enduring values of revolutionary journalism.
Thai Permanent Secretary of the Ministry of Commerce Vuttikrai Leewiraphan Thailand's formal proposal will be substantial enough for the US to consider further detailed negotiations. He hoped for a tariff rate not exceeding 10% and suggested that the US might extend the negotiation period if an agreement is not reached by the July 8 deadline.
Organised by the Ministry of Culture and the Association of Thai Silk & Culture Promotions, the event honors Her Majesty the Queen on her 47th birthday anniversary and promotes Thai craftsmanship on an international stage.
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The lab focuses on four key thematic areas: energy transition and green innovation, sustainable agriculture, circular economy and sustainable cities, and nature-based solutions and biodiversity.
The key content of the document titled "Accelerating Innovative Strategies: Addressing the OOSCY Challenges" will be refined further in a seminar preceding the 47th ASEAN Summit in Kuala Lumpur this October.
This follows Telegram’s serious failure to address the content that has been repeatedly reported to them, despite various efforts of negotiation and cooperation made by MCMC, it said.
Illustrative image (Source: AFP)
