Cabinet to decide tomorrow about pledging budget

However, state agencies have come up with different predictions for the size of the new harvest.
Boonthai Kaewkhantee, an executive vice president of the Bank for Agriculture and Agricultural Cooperatives (BAAC), said last week that the bank and the Agriculture Ministry do not agree on the rice production for the coming crop year.
The BAAC estimates that farmers would sell about 26 million tonnes of paddy rice to the government and the government would need to set aside Bt405 billion to finance its price-support scheme for the 2012/13 crop year.
However, the Agriculture Ministry does not believe that the rice harvest will be that large.

BOT ‘monitoring’ condo market
The Bank of Thailand is |closely monitoring the condominium market in Greater Bangkok as prices have spiked, according to central bank officials.
The condo price index last month rose 8.1 per cent year on year, while mortgage loans increased 9.3 per cent.
The single family home and townhouse price indices climbed 2.4 per cent and 1.8 per cent year.
The supply of high- and low-rise residential units in August expanded 4.8 per cent and 13.9 per cent from the previous month in Greater Bangkok. |– The Nation