posted on May 9, 2014 at 11:03 AM
The government lost billions of dollars on the rice subsidy plan, which also cost Thailand its position as the world's leading rice exporter as the artificially high prices forced the government to stockpile the commodity.
posted on February 7, 2014 at 4:04 PM
A Chinese state company, Pei Ta Huang, terminated a contract to buy 1.2 million tons of rice out of concern it would run into problems due to an investigation by Thailand's National Anti-Corruption Commission.
posted on November 15, 2013 at 5:55 PM
The International Monetary Fund called on Thailand to drop its multibillion dollar subsidies for rice growers, saying the program is undermining confidence in the country's finances.
posted on September 9, 2011 at 2:46 PM
BANGKOK (AP) -- Thailand's plan to pay its rice growers far above market rates is expected to push up prices for the staple that feeds almost half the world's people as rice importing nations look to other countries for tightened supplies.
posted on April 21, 2011 at 3:04 PM
Apr 20, 11:44 PM EDT By AMY TAXIN Associated Press LOS ANGELES (AP) -- A federal agency has filed lawsuits claiming Thai workers were physically abused and forced to live in rat-infested housing after being recruited by a California-based...
posted on June 19, 2009 at 8:06 PM
Chiang Mai, Thailand —- Crickets, caterpillars and grubs are high in protein and minerals and could be an important food source during droughts and other emergencies, scientists say.