Jay Kiew says “No” to bus fare reduction

Posted at January 15, 2016

The president, Mrs Sujinda Cherdchai, or best known as “Jay Kiew” reaffirmed her defiance to call by the state to reduce bus fare when she was asked about the fare reduction after diesel price now falls below 20 baht a litre. She said although diesel now falls below 20 baht or the lowest price in […]

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Direct rubber purchase is just short-term solution –  Somkid says

Posted at January 15, 2016

He said for the long-term solution, more proposals should be presented on increasing rubber usage, as well as on the processing of raw rubbers and the setting up of more rubber-related factories in the country. Mr Somkid said the Board of Investments (BOI) would be tasked to come up with new measures to persuade more […]

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Finance Ministry proposes three measures to help shore up rubber prices

Posted at January 14, 2016

Finance Minister Apisak Tantiworawong said that the first measure calls for the Government Savings Bank and the Bank of Agriculture and Agricultural Cooperatives to extend interest-free loans to Public Warehouse Organisation to buy 100,000 tonnes of rubber directly from rubber growers. The second measure calls for the GSB, BAAC, Krung Thai Bank and SME Bank […]

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Government to buy rubber from growers at 45 baht/kg

Posted at January 14, 2016

Deputy Prime Minister Prawit Wongsuwan, chairman of a panel tasked with resolving rubber price problem, said today (Thursday) that the panel agreed to set the purchasing price at 45 baht/kg for rubber sheets. The prices for the other rubber products such as latex and cup rubber will be determined based on the price for rubber […]

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