Mixed reactions over Thai plans to subsidise rice prices
- 12 years ago
Thailand's government is planning to boost the income of millions of farmers by subsidising rice prices.
But the policy could also significantly drive up global costs of the dietary staple since Thai rice accounts for a massive percentage of international trade.
Aela Callan reports from Bangkok, where Thai rice exporters complain that higher prices could cause them to lose their competitiveness in the business to other countries in the region.
But the policy could also significantly drive up global costs of the dietary staple since Thai rice accounts for a massive percentage of international trade.
Aela Callan reports from Bangkok, where Thai rice exporters complain that higher prices could cause them to lose their competitiveness in the business to other countries in the region.