Thai rice exporters to discuss boosting exports with commerce minister

23 Sept 05:40 Key points summarised by AI

Thai rice exporters are urgently seeking a meeting with the Commerce Minister to strategize on boosting exports and enhancing competitiveness, following Thailand's drop to the world's third-largest rice exporter behind Vietnam.
Vietnam's rise in exports is partly due to its practice of importing and re-exporting Cambodian paddy, a method Thailand avoids due to concerns about impacting domestic rice prices.
The global rice market anticipates increased output next year, potentially leading to a price drop if India lifts its export ban, though Thai 5% white rice is currently priced more competitively than its Vietnamese and Pakistani counterparts.
An international rice workshop, hosted by the Thai Rice Exporters Association, is scheduled for October 19th in Bangkok, bringing together key rice-producing nations to discuss market trends.

New home loan scheme aims to boost property sector with Bt125 billion

Yesterday 11:38 Key points summarised by AI

The Cabinet approved a new Bt50-billion 'A House for Each PLUS' home loan scheme from the Government Housing Bank, offering up to Bt3 million with 40-year repayment terms for low- and middle-income earners.
This initiative aims to significantly boost the property sector and national economy, projecting to generate Bt125 billion in economic activity and create jobs.