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Economic review year-end 2008
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   Editor: Chiratas Nivatpumin
   Co-ordination: Tony McAuley,
    Taksina Isarabhakdi
   Copy editing: Eric Baker,
    Piers Evans, Taksina 
    Isarabhakdi, Tony McAuley
   Cover and Graphics:
    Sataporn Kawewong
   Design: Napaporn Suktrakul
   Layout: Chantiya Potayarom
   Production co-ordination:
   
Veman lttihiranwong

 

 

 

 

 

AGRICULTURE

Resisting the lure of speculation
Like many rice exporters, Korbsook Iamsuri agrees that 2008 is the best year yet for the Thai rice business, with extraordinarily strong demand and high prices that might turn out to be their once-in-a-lifetime experience.

Pillar shaken but still standing
Prices of agricultural commodities, especially for rice, made a phenomenal rise early in 2008, raising high hopes for Thai farmers that they could enjoy a better life in light of increased income.

Stay calm during tough times
Western business practice may emphasise the concepts of economy of scale and economy of speed.

Enriching farmers the best defence
Despite the global recession, Thailand and its farm products continue to show rich growth opportunities, as Thai farmers are second to none when it comes to crop cultivation and livestock development.

Success formula in staple foods
While high-ranking executives of other businesses are feeling distraught over the impact of the global economic slump, Thiraphong Chansiri continues to wear a smile.