Thailand

The 'cursed career'

Palong Piroomyu, a 52-year-old farmer from Bang Len in Nakhon Pathom province, is preparing to sell his portion of farmland to a Bangkok-based buyer. He's not concerned about who the buyers are or that some may even be quietly representing foreigners.

Nominee ownership under watch

Mr Patima, of Colliers International, said trying to block overseas investment in Thai agricultural land, especially from the Middle East where food supplies were scarce, was next to impossible

DSI to probe four firms over land grab claims

The Department of Special Investigation will launch an inquiry into four Thai companies in Ayutthaya which own rice-farm plots of almost 10,000 rai. Transnational business consortiums are said to be buying the land through Thai nominees, which is against the law.

Thai govt finds foreigners buying farmland

The Government of Thailand has uncovered evidence suggesting foreigners could have obtained illegal ownership of about 10,000 rai (1,600 ha) of farmland in the central region and employed farmers to grow crops there.

ASEAN states plan rice cartel

Laos has approached Thailand as a partner in a joint venture with Kuwait to grow rice in Laos. The Lao government has allocated 200,000ha.

Thailand set for food deals with the Gulf

Thailand is poised to establish joint ventures with Gulf states to secure rice, processed agricultural products and food supplies for the oil-rich countries. But the government has reiterated that foreigners will not be allowed to invest in farming and livestock businesses in Thailand.