Thailand

Gulf states show interest in Thai farms

A number of Gulf states have expressed interest in livestock and rice farming in Thailand to secure food supplies, a Thai official said on Monday. "The countries involved could be Saudi Arabia, Bahrain, Qatar or the UAE," he added.

Life is slowly draining from the farms

In 2006, Thailand had about 25 million farmers, who accounted for 40% of the population. The number is likely fall to 37% of the population by 2013. The government must act to reverse the trend, otherwise investors could rent or buy land from farmers to invest in large-scale farming, agricultural processing plants and hiring local people.

Africa beckons for rice firms

The region continues to have great market potential as a number of Thai rice companies have offices there and some have been approached by local governments to invest there in milling, processing and even growing rice.

Thais eye Nigerian rice plantations

Capital Rice and Asia Golden Rice, both in Thailand, recently formed a business alliance with the Stallion Group, Nigeria's largest conglomerate, to supply rice to this major African market. The next step is to export rice-planting know-how and invest in Nigerian farmland.