TNSC backs Thai govt's move to urgently release rice in stock

[webfact]

TNSC backs govt’s move to urgently release rice in stock

BANGKOK, 15 April 2014 (NNT) – The Thai National Shippers' Council (TNSC) has voiced support for the government to urgently distribute its pledged rice in order to increase the liquidity of the rice subsidy program.

Mr. Nopporn Thepsithar, Chairman of the TNSC, said he personally believed that it was a very brilliant idea that the government would hurriedly sell the rice kept in its warehouses, so that it would be able to make payments to the rice growers participating in the subsidy program, coupled with the fact that distributing stockpile of rice would reduce risks of rice being rotten or damaged by insects.

In reference to the rice case that was being investigated by the National Anti-Corruption Commission (NACC), Noppporn said if the NACC found the government guilty of corruption in the rice program, it would destroy investors’ confidence and put Thailand in a difficult position.

He added that even though the NACC ruled that there were no corruption involved in the program, it would still be challenging for Thailand to sell its rice to other countries, as rice inspection would be carried out through a sophisticated process by foreign importers before an actual trade can take place.


-- NNT 2014-04-15

[JesseFrank]

n reference to the rice case that was being investigated by the National Anti-Corruption Commission (NACC), Noppporn said if the NACC found the government guilty of corruption in the rice program, it would destroy investors’ confidence and put Thailand in a difficult position.

Another example of Thainess.

Better slide it under the rug, what not knows doesn't hurt.

[PatOngo]

Does this mean the farmers will be paid................................."next week" ?

[Robby nz]

I suppose the shippers council has a stake in this, the more produce of any sort that is shipped the more profit for them.

As they say :

He added that even though the NACC ruled that there were no corruption involved in the program, it would still be challenging for Thailand to sell its rice to other countries, as rice inspection would be carried out through a sophisticated process by foreign importers before an actual trade can take place.

The previous good reputation Thai rice had for quality has now got to the abysmal stage that buyers must carry out careful inspections before buying.

Trust has been destroyed.

[chainarong]

It is pretty well established that on the International scene, Thailand is corrupt and no amount of bull!!t will change that , until there is a genuine effort to stamp this out , the political structure, idea's ,mind set, direction of the country are all called into account , Thailand will always be corrupt , so regardless, they are a rice exporting country , corrupt or otherwise.

[Tatsujin]

Mr. Nopporn Thepsithar, Chairman of the TNSC, said he personally believed that it was a very brilliant idea that the government would hurriedly sell the rice kept in its warehouses, so that it would be able to make payments to the rice growers participating in the subsidy program, coupled with the fact that distributing stockpile of rice would reduce risks of rice being rotten or damaged by insects.

Yes, it's a brilliant idea to actually sell some of the rice you've paid over the odds for. Classic case of stating the <deleted> obvious.

[Scamper]

" Mr. Nopporn Thepsithar, Chairman of the TNSC, said he personally believed that it was a very brilliant idea that the government would hurriedly sell the rice kept in its warehouses, so that it would be able to make payments to the rice growers participating in the subsidy program, coupled with the fact that distributing stockpile of rice would reduce risks of rice being rotten or damaged by insects. "

Has it really come to this - that the concept of selling rice in stock is a " very brilliant idea ", and that selling it quickly before it spoils is a " very brilliant idea " ?

[issanaus]

Does this mean the farmers will be paid................................."next week" ?

More likely the central funds so that the EC do not smack them on the wrist.

Then they can borrow another TBH XXXX and announce it about 7 times so that people think a lot of farmers have been paid their long overdue rights

[Lupatria]

Does this mean the farmers will be paid................................."next week" ?

Be creative! For the current year, there are 36 'next weeks' to chose from...

[Ricardo]

Mr. Nopporn Thepsithar, Chairman of the TNSC, said he personally believed that it was a very brilliant idea that the government would hurriedly sell the rice kept in its warehouses, so that it would be able to make payments to the rice growers participating in the subsidy program, coupled with the fact that distributing stockpile of rice would reduce risks of rice being rotten or damaged by insects.

Yes, it's a brilliant idea to actually sell some of the rice you've paid over the odds for. Classic case of stating the <deleted> obvious.

One might ask why neither the government, nor its great Thinker/Strategist, ever thought of selling the rice hurriedly, before now ?

Or, if they did, why has it failed to happen ?

Do they perhaps have some cunning, even more very brilliant, plan in mind ?

[Bangmod]

So where have the farmers been all this time???

They probably got paid a little by KO TEE to stay on their paddies or face a bullet>>>>>>>>