Pranom urged Asean to pay more attention to undocumented and unskilled labourers as the group steered toward 2015 integration in the AEC.
FOREIGNERS ‘SKIRTING RULES PROTECTING RICE BUSINESSES’
Farmers and traders stand to lose business as they face a serious challenge from many foreign firms, mainly Singaporean, which have set up rice-trading operations and plantations here under Asean seamless trade.
“Although rice farming and trading are limited to Thais under the Foreign Business Act, many foreigners can easily rent or own land for raising rice and conducting a rice-trading business in the Kingdom,” a rice trader said yesterday.
At a Commerce Ministry seminar on creating a strategy linking local and global businesses, Thai rice exporters urged the government to protect Thai rice-cultivating areas and the trading business from alien residents by urgently checking the ownership of rice plantations and the certificates for running a trading business.
The source said many Singaporean and some other foreign traders are now taking advantage of a loophole in Thai laws to purchase land suitable for paddy fields and starting up rice-trading houses in Thailand. Those foreign investors tend to be Singaporeans, as they can easily come here to do business since their country is one of the Asean members, the source said. The Asean Economic Community hasnow created challenges for Thai rice farmers and traders. Singaporean investors are exploiting free trade within Asean to deal in the grain, which should be restricted to Thais, he said.
Pranom urged Asean to pay more attention to undocumented and unskilled labourers as the group steered toward 2015 integration in the AEC.
FOREIGNERS ‘SKIRTING RULES PROTECTING RICE BUSINESSES’
Farmers and traders stand to lose business as they face a serious challenge from many foreign firms, mainly Singaporean, which have set up rice-trading operations and plantations here under Asean seamless trade.
“Although rice farming and trading are limited to Thais under the Foreign Business Act, many foreigners can easily rent or own land for raising rice and conducting a rice-trading business in the Kingdom,” a rice trader said yesterday.
At a Commerce Ministry seminar on creating a strategy linking local and global businesses, Thai rice exporters urged the government to protect Thai rice-cultivating areas and the trading business from alien residents by urgently checking the ownership of rice plantations and the certificates for running a trading business.
The source said many Singaporean and some other foreign traders are now taking advantage of a loophole in Thai laws to purchase land suitable for paddy fields and starting up rice-trading houses in Thailand. Those foreign investors tend to be Singaporeans, as they can easily come here to do business since their country is one of the Asean members, the source said. The Asean Economic Community hasnow created challenges for Thai rice farmers and traders. Singaporean investors are exploiting free trade within Asean to deal in the grain, which should be restricted to Thais, he said.
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