Thailand Food & Agriculture

The government will come under increasing pressure to end its diesel subsidy as the Oil Fund's net cash flow has fallen to just Bt2.3 billion.

Thai Union Frozen Products Plc, the country's largest seafood exporter, is warning that local shrimp prices may rise due to southern flooding.

SET-listed Sri Trang Agro-Industry (STA)expects to see its revenue jump by 30-40% to B100b this year from business expansion and an increase in production capacity in all types of rubber products. Kitichai Sincharoenkul, an executive director of STA, the world's largest block rubber distributor, said the company was seeing solid demand in the market driven by strong economic growth in Asia and emerging economies.

Thai Union Group joined The Royal Thai Government's disaster relief campaign to help the victims of the devastating earthquake and tsunami in Japan by presenting 200,000 cans of tuna products to Thai Prime Minister Abhisit Vejjajiva during a ceremony.

Thai Union Frozen Products (TUF), the country's largest exporter of frozen and canned seafood, projects its first-quarter revenue will grow by at least 30% year-on-year as destruction from massive quakes may prompt more orders from Japan.

Despite the govt's price controls, many people are having to pay more when there is a shortage of goods. The continuation of the government's price-freezing policy for more than a year has hit consumers hard, hiking the cost of living and resulting in shortages of essential goods.

Consumers will have to shoulder higher living costs as the government intends to allow manufacturers in a number of key...

Eight local banks led by Siam Commercial Bank and Krung Thai Bank have agreed to arrange Bt45b in financing for Charoen Pokphand Foods Plc (CPF) to expand its business overseas.

Thailand is unlikely to experience a sugar shortage this year since supply still exceeds demand, insists the Cane and Sugar Board. Secretary-general Prasert Tapaneeyangkul emerged yesterday to confirm the adequacy of the domestic sugar supply amid growing concerns that a shortage was looming, similar to that of palm oil.

Thailand is unlikely to experience a sugar shortage this year since supply still exceeds demand, insists the Cane and Sugar Board. Secretary-general Prasert Tapaneeyangkul emerged yesterday to confirm the adequacy of the domestic sugar supply amid growing concerns that a shortage was looming, similar to that of palm oil.