Thai rice export fall down

2015.09.01

Thai rice export was expected to fall down this year due to the increased competition in the world market by several importing nations. The president of the Thai Rice Exporters Association, agreed with the need for an institute to cope with this increased competition in the world rice exports.

The need for establishing an institute for Rice Market Development was proposed by the Thailand Development Research Institute. This initiative aims to boost the competitiveness of the country’s export by breeding of new crops strains, and encouraging small and medium operators to export such crops.

Source: http://www.nationmultimedia.com/business/Rice-initiative-mooted-to-breed-new-strains-30266107.html, Sept. 1, 2015

 

(Researched and summarized by Dr. Kampanat Pensupar)

 

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