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.
The Ministry of Agriculture plans to cut annual supply by as much as 1 million tons to 3.3 million tons before year-end, the minister of the department Grisada Boonrach told the Nikkei Asian Review.