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NCPO opens new rubber markets

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BANGKOK, 25 January 2016 (NNT) - The National Council for Peace Order (NCPO) has tasked the Peace and Order Maintaining Command (POMC) with regulating a new para-rubber market, which opened for its first day of trade today.

NCPO Deputy Spokesperson Col Sirichan Ngathong elaborated on the council’s measures to aid the nation’s rubber farmers, indicating that it has opened a rubber trade market to be overseen by the POMC.

The Rubber Authority of Thailand launched the 373 new markets in 35 provinces today under strict orders to regulate buying and selling according to government rules with a focus on benefiting growers.

The authority has also been asked to foster understanding among farmers about the drought situation. So far, 160,000 farms in the Northeast have signed on to a program promoting the planting of crops that have low water requirements. In total, 800,000 farms nationwide have entered into a state scheme to take on alternative employment during the dry spell.

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Posted

Are the latex mattresses from Ikea made in Thailand? Why don't they make their own soft mattresses, quality tourists all want them. Who wants the american style boxspring mattresses who are still not soft?

Just make something of that rubber, they have it cheap here.

Posted

If the Rubber Authority of Thailand has been ordered to regulate buying and selling rubber, how is the POMC regulating the market anything different? The POMC seems duplicitious. But since the RAT was organized under the executive branch of government and would otherwise fall under the control of an elected government in the future, maybe POMC will ensure continued military control.

Posted

So populist subsidy policies that the NCPO heavily criticized is now back in earnest. Nothing wrong with helping the impoverished farmers with subsidies but why Yingluck do that and got punished.

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