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Will Food Crisis Give Rise To A Rice Cartel?

More evidence that there is little appetite for a free market in rice in South East Asia came in today as news spread that Thailand may be planning an OPEC-style international rice cartel—an Organization of Rice Exporting Countries. Cambodia almost...

How To Profit From Global Warming: Thailand Edition

The streets of Chiang Mai, Thailand's second city located near the northern end of the country, are nearly empty during summer middays. Most people you encounter will be tourists, backpackers and the drivers of tuk-tuks, the three-wheeled taxis that are...

Thailand: Future M&A Paradise

Recently laid off from your buldge bracket bank because the buyout business has dried up? Well Bangkok may be where you want to be. Beside the obvious benefits--cheap domestic help and bespoke clothing--the land of smiles may be poised for...

Thailand: Rice Basket To The World

There's a deep irony to all the talk about the global food crunch (they laugh at our "credit crunch" here, you can't eat credit) portending dark deeds in Thailand. This country is hardly in danger of running out of rice,...

Rice Controls And Rumors Of A Coup Or Two

Thailand may have spent the Cold War on the free market side of the Bamboo Curtain but rice socialism still reigns. Price shocks have politicians scrambling to raise rice productivity through irrigation projects, while consumers are now facing new purchasing...

I'm Just Eating Rice In An Equity Traders' Paradise

Traders in Thailand may be about to receive some much needed tax relief. Speaking to a conference of economics reporters in Bangkok, Thai finance minister Suapong Subwonglee (I'm sorry, that's what names are like here) said the government is considering...

Rice Price Shock: Just Think Happy Thoughts!

Just because you are very far from Wall Street doesn't mean the pie is no longer situation in the sky. Just a day after Vietnam shocked this part of the world with record setting prices for kind-of-crappy rice, traders and...