A new memorandum of understanding (MoU) with China could help Thailand tackle its rice oversupply problem and may also serve to pad government coffers. However, many onlookers are sceptical about the true potential for change.
Thailand Agriculture
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Articles & Analysis | Packing it in: Local firms hold their own while competing alongside global giants from The Report: Thailand 2012
Producing far more food than the country’s population consumes domestically, Thailand’s agro-manufacturing industry is a major export sector and is home to a number of large operations run by some of the world’s largest food processors. Of the $28.88bn in agro-manufactured products exported in 2011, sugar accounted for the greatest value at $16.85bn...
Articles & Analysis | Growing up: New visions and goals give the sector set a fresh position in the global marketplace from The Report: Thailand 2012
Lending credence to the promotional campaign that markets Thailand as the “Kitchen of the World”, the agricultural sector does indeed supply global kitchens with a great many products. Thailand is the world‘s largest producer of shrimp, processed chicken and canned tuna, and it has developed a reputation for turning out high-quality food products...
Articles & Analysis | Green power: Finding alternative ways to fuel the future from The Report: Thailand 2012
The government’s Renewable and Alternative Energy Development Plan 2012-21 is relying heavily on the agricultural sector to provide inputs for non-traditional fuels. To meet the aim of having 25% of energy consumption from renewable sources by 2021, the state has put in place targets of 9m litres per day of ethanol and 5.97m of biodiesel, plus 25m...
Chapter | Agriculture from The Report: Thailand 2012
With one in every three Thais making their living in the sector, agriculture is key to the country’s social makeup, even if its importance to the formal economy has diminished. The growth of industry has helped transform agriculture, and agro-manufacturing exports like processed sugars and cereals, and canned fish and fruit are multibillion dollar industries. Rice is the traditional staple, but a...
Located in the heart of South-east Asia, Thailand combines an ancient Buddhist culture with an emerging industrial economy. It is the only South-east Asian country never to have been colonised, and the monarchy dates back to the 14th century.