ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Politics

Thailand to issue $1bn bonds to help cut rubber supply

Funds will compensate farmers and support prices, says agriculture minister

Thailand is the world's biggest rubber producing country and the agriculture ministry is trying to make the industry more sustainable (Getty Images)

BANGKOK -- The Thai government plans to issue bonds to raise roughly 30 billion baht ($963 million) to fund projects aimed at cutting an oversupply of rubber and to prop up the price of the commodity.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more