Thai army rulers rush to placate rice farmers, boost economy


  • World
  • Monday, 26 May 2014

BANGKOK (Reuters) - Thailand's new military rulers are moving fast to tackle economic problems caused by the absence of a proper government since December and are making it a priority to pay arrears owed to rice farmers, big supporters of the government they ousted.

The military seized power on Thursday after nearly seven months of turmoil that hurt business confidence, halted much government spending and scared away tourists. The economy shrank 2.1 percent in the first quarter and recession was on the cards.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Parents of US, Australian tourists presumed killed in Mexico to try identifying bodies
Brazil ex-president Bolsonaro hospitalized again with skin infection
Saudi Arabia posts 3.3-bln-USD deficit in Q1
Russian attacks on Kharkiv and region kill one, injure 17, officials say
Tanzania's southern highway shut down after 4 bridges washed away by flash floods
Feature: Gastronomy festival on Seine marks 60th anniversary of China-France ties
Key separatist commander among 3 killed in Cameroon's restive Anglophone region
Ukrainians in embattled east mark third Easter under fire
Death toll from southern Brazil rainfall rises to 75, many still missing
South Africa inquiry blames authorities for neglect leading to deadly fire

Others Also Read