Connect with us

Business

Fruit farmers coping with oversupply and price slumps

Thai Government vows to help fruit farmers, following the problem of product oversupply and price slumps, the Ministry of Commerce said.

National News Bureau of Thailand

Published

on

BANGKOK, August 2019 (NNT) – To help fruit farmers, following the problem of product oversupply and price slumps, the Ministry of Commerce has recently used Section 44, of the interim constitution, to engage government and private agencies in assisting them in terms of marketing to help sell the produce, including mangosteens, Lansium demesticum, rambutans, longans and other seasonal fruit.

Deputy Prime Minister and Commerce Minister Jurin Laksanawisit has invited 44 agencies, from both the public and private sectors, including Airports of Thailand, airlines, Thailand Post, fuel service stations, such as PTT and Bangchak, retail stores, including Big C, Tesco Lotus and CP All, fruit exporters, the Thai Restaurant Association and Thai Hotel Association, to discuss ways to help and support fruit farmers in terms of marketing.

Additional measures include the provision of distribution channels to farmers through Makro, Big C, Tops, Supermarkets, The Mall, Seven Eleven, Tesco Lotus, Super Cheap Topland from Phitsanulok, Thaweekit Supercenter, 65 must-visit markets across the country, Pracharat Blue Flag Stores, CJ, Thai Restaurant Association, Thai Hotel Association, gas stations such as PTT, Bangchak and PT and government agencies such as the Ministry of Defense, the Royal Thai Army, the Department of Corrections and hospitals.

The airlines will help farmers in terms of carrying fruit or having fruit loaded on board. While Thailand Post will provide a free delivery service for 100 tons of fruit ordered online for this season.

The ministry will accelerate the fruit export drive by offering loans with a three-percent interest rate reduction to wholesalers who wish to export fruit and apply for loans from a financial institution. It also organizes a business matching event for selling fruit. The event has been held for Chinese partners and next it will be held for Indian partners. The ministry will accelerate research and development into packaging for fruit, especially durian, to prevent odors so that passengers will be able to take them onto the plane.

Source link

Comments

Banking

Can Fintech drive a strong post-COVID-19 recovery in Asia?

The pandemic has highlighted the power of digital technology. Now is the time to harness this power for inclusive growth so that communities, especially in poor and remote areas, can survive the crisis and thrive.

Asian Development Bank

Published

on

To say 2020 has been a challenging year is a massive understatement. The COVID-19 pandemic has quickly undermined development gains from recent decades and slowed growth in many Asian economies.

(more…)
Continue Reading

Business

Asia’s supply chains to be tested by COVID-19 vaccine delivery

The global logistics company DHL estimates that global vaccine coverage will take around 200,000 pallet shipments and 15 million deliveries in cooling boxes as well as 15,000 flights.

Asian Development Bank

Published

on

The enormous logistical challenge of vaccine distribution will be aided by trade and supply chain finance guarantees.

(more…)
Continue Reading

Business

Online intellectual property dispute platform to go live next year

The online dispute settlement platform for intellectual property cases will assist with cases related to copyright, patents, and trademark infringements using digital technology.

National News Bureau of Thailand

Published

on

Pantip Plaza Electronic display

BANGKOK (NNT) – The Department of Intellectual Property has introduced its online dispute settlement services covering intellectual property cases that it developed with the Thai Arbitration Institute.

(more…)
Continue Reading

Latest

Most Viewed

Subscribe via Email

Enter your email address to subscribe and receive notifications of new posts by email.

Join 13,609 other subscribers

Trending