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rooster59

Thai farmers to get boost from 3,000 foreign investment funds

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I think this is something different from what the first two posters see, it's not just lending money to farmers it's about foreign funds being allowed to invest in the agricultural sector. If a farmer has a viable business but he can't realise its full potential because he doesn't have any capital ( the article refers to it as liquidity), international investors will have a chance to look at the business and make a decision to invest or not. It's not a blanket hand out or throw away. 

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8 hours ago, Trillian said:

I think this is something different from what the first two posters see, it's not just lending money to farmers it's about foreign funds being allowed to invest in the agricultural sector. If a farmer has a viable business but he can't realise its full potential because he doesn't have any capital ( the article refers to it as liquidity), international investors will have a chance to look at the business and make a decision to invest or not. It's not a blanket hand out or throw away. 

Yes, this was very successfully done in Greece about 10-15 years ago, then Greece went like Thai Airways!!

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9 hours ago, rooster59 said:

Capital Trust Group

Interesting, although worldwide, the Group's registered office is in Berkeley Square, Mayfair, London (UK) - from website.

If big deals are done, the nightingales will be singing!!!

 

Nightingale Singing - YouTube

 

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1 hour ago, Paul DS said:

Yes, this was very successfully done in Greece about 10-15 years ago, then Greece went like Thai Airways!!

Not even nearly the same thing, not at all.

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25 minutes ago, RichardColeman said:

 

Seems odd to go off begging when you have such reserves

The foreign currency reserves belong to BOT, they cannot be used by government to spend as they wish, their primary purpose is to support trade transactions, guarantee import and export payments.

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Posted (edited)
2 hours ago, Trillian said:

The foreign currency reserves belong to BOT, they cannot be used by government to spend as they wish, their primary purpose is to support trade transactions, guarantee import and export payments.

Interesting point. Although it begs the question: how much USD reserves does BoT really need to support trade and guarantee import and export payments?  I would venture to say they have way too much now...

Edited by Isaan sailor
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17 hours ago, rooster59 said:

The ministry will meanwhile continue to prioritise quality in Thai agricultural production to gain confidence among consumers, said Prapat.

This confidence is being gambled away in many countries. Too often, contaminated Thai fruits and inedible, poisoned vegetables are discovered at the borders and imports from Thailand are prohibited. As long as in Thailand simply everything can be grown and sold uncontrolled, it is pointless.

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Just love to see the buzz words in all of these ventures, smart farming, that in itself leads me to think that they are already doomed......

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