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MINISTRY MOVES TO SPLIT BAD AND GOOD RICE
The Commerce Ministry has launched a measure designed to control the transport of rice in order to prevent enterprises combining rotten rice with that fit for consumption. The new regulation aims to ensure rotten rice is used only in the industrial sector or for biomass production, Commerce Minister Apiradi Tantraporn said yesterday. The ministry plans to auction 2,000 tonnes of rotten rice. About 1.29 million tonnes of rice from a total of 13 million tonnes in the government’s stockpiles is rotten.
CENTRAL PLAZA HOTEL NET PROFIT UP 93 PER CENT
Central Plaza Hotel made a cumulative consolidated net profit of more than Bt1.3 billion in the first nine months, up 93 per cent year on year. Its total consolidated net profit was up 75 per cent in Q3 year on year. Suthikiati Chirathivat, the hotel and resort company’s chairman, announced the impressive figures despite overall economic recovery being slower than expected. Central Plaza reported consolidated revenue of Bt4.52 billion, an increase of Bt157.6 million or 3.6 per cent year on year in third quarter.
