Introduction
Durian (Durio spp) or the “King of Fruits” is a seasonal fruit that is extensively grown in tropical regions, in Indonesia, Thailand, Malaysia and the Philippines. It also grows in northern Australia, some South American countries and in Africa. Known for its distinctive...
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Chantanon Wannakejohn, deputy secretary-general of the Office of Agricultural Economy (OAE), said agriculture growth would increase by 2 to 3 per cent to reach THB 700bn to THB 800bn in 2023.
In the first quarter of this year, the sector recorded GDP growth of 5.5 per cent, equivalent to THB 182 billion.
Chantanon said OAE plans to systematise insurance for all sectors of the business, starting with the introduction of agricultural insurance in the last 2-3 years to help farmers who first grow rice and maize. This year, OAE has focused on high-value fruits such as durian. The first project has already been implemented in Nonthaburi province.
For durian insurance, the system is based on calculating the wind strength and the potential impact of the wind to cause the durian to fall. The office will extend its coverage to Rayong and Chanthaburi. The private sector will then play a role in ensuring durian for farmers.
Read more here.