Thailand works to develop organic rice market

The Thai Government needs to find the right markets for organic rice before encouraging farmers to increase the cultivating area from 300,000 rai (48,000 hectares) to 1 million rai in 2019, said President of the Thai Rice Exporters Association Charoen Leothamatas.
Thailand works to develop organic rice market ảnh 1Thailand works to develop organic rice market.
(Photo: nationmultimedia.com)

Bangkok (VNA) – The Thai Government needs to find the right marketsfor organic rice before encouraging farmers to increase the cultivating areafrom 300,000 rai (48,000 hectares) to 1 million rai in 2019, said President ofthe Thai Rice Exporters Association Charoen Leothamatas.

He said that local farmers want specific instruction on how to grow organicrice in line with global standards before cultivating them in a large scale.

The government plays an important role in helping farmers apply internationalstandards into growing organic rice, from providing seedlings to seekingmarkets.

Meanwhile, Montri Gosalawat, Secretary-General of the Progressive FarmerAssociation, said that it is considerable potential for markets of Thai organicrice if local farmers know how to develop seedlings to meet demands ofconsumers in large markets like the US or the EU.

The global demand for organic rice averages 10,000 tonnes per year, of which Thailandexports half. With the demand growth of 20 percent a year, Thailand has greatpotential to develop and export organic rice if the government supportsknowledge, applications for certification and development of seedlings andmarket sourcing.

Production costs for organic rice are normally cheaper than chemical ricefarms. However its price is higher because growing time is longer, which meansthere is just one crop a year, while demand is higher in both domestic andforeign markets.

The Thai government targets to attract 3 million farmers in organic riceplantation in an area of 10 million rai by 2021 so that organic riceproductivity can expanded 200 percent and organic rice can be sold at lowerprice.

Currently, the export of organic rice from Thailand accounts for only 5,000tonnes of a total 11 million tonnes exported per year.-VNA
VNA

See more

At Pulau Seraya power station (Photo: Straitimes)

Singapore begins construction on hydrogen-fueled power plant

Singapore on October 23 began the construction of an 800 million USD power plant that has the capability to use hydrogen to generate electricity, as part of a push to utilise the fuel to reach Singapore’s net-zero carbon emissions target by 2050.

Delegates at the event (Photo: VNA)

125th anniversary of Permanent Court of Arbitration celebrated

The Permanent Mission of Vietnam to the United Nations and missions of the Philippines, Australia, Egypt, Guatemala, Hungary, Thailand, France, Eritrea and Austria, organised a ceremony on October 22 to celebrate the 125th anniversary of the Permanent Court of Arbitration (PCA), as part of the International Law Week at the UN General Assembly's Legal Committee (Sixth Committee).

CEO of the Malaysia Digital Economy Corporation Anuar Fariz Fadzil (Photo: focusmalaysia.my)

Malaysia continues placing emphasis on digitalisation

The Budget 2025 provides significant support to further accelerate Malaysia’s digitalisation, encourage adoption of artificial intelligence (AI) and drive inclusive growth, further positioning Malaysia as a leading digital hub within the ASEAN region, according to CEO of the Malaysia Digital Economy Corporation (MDEC) Anuar Fariz Fadzil.

Malaysia's economic reforms boost investment inflow (Photo: thestar.com.my)

Malaysia's economic reforms boost investment inflow

Malaysia has attracted substantial foreign investments, reaching 22.2 billion MYR (5.16 billion USD) in the third quarter of 2024, the highest level for the same period since 2012, according to UOB's Global Markets and Economics report.

Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN speaks at the debate (Photo: VNA)

Maintaining peace, stability a must for progress on human rights: Ambassador

Progress in human rights can only be achieved by maintaining peace and stability, respecting the rule of law at both the international and national levels, and ensuring respect for the principles of national sovereignty and non-interference in internal affairs, said Ambassador Dang Hoang Giang, Permanent Representative of Vietnam to the UN.

A visitor browses travel promotions at a travel fair in Nonthaburi province. (Photo: Bangkok Post)

Thailand plans enhanced support for domestic tourism

Thailand’s Ministry of Tourism and Sports is aiming to increase subsidy to local tourists in the upcoming stimulus scheme to 50% and would like to change the criteria for online travel agents, mandating them to register in Thailand to avoid losing income to foreign companies.

Oil field offshore Indonesia. (Photo: thejakartapost.com)

Indonesia begins major oil, gas exploration in Sulawesi

Indonesia's state-owned oil company Pertamina, along with foreign partners Sinopec from China and Kuwait’s Kufpec, has signed a contract to explore the Melati oil and gas block, located off the coast of Sulawesi. The block is estimated to contain trillions of cubic feet of gas reserves.