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	In the letter, he said he is concerned with the losses and involved corruption. He said that in the first two years, the scheme should cost a loss of at least Bt425 billion.&nbsp;</div>

Rice-pledging scheme costs Bt425bn losses: Pridiyathorn

Over 1,000 Thai protesters accuse World Bank and IMF of favouring the rich on October 15

Nongluck is a senior economic journalist covering the macroeconomics, real estate, and corporate investment strategies driving growth across Thailand and Southeast Asia.

Rice-pledging scheme costs Bt425bn losses: Pridiyathorn

MR Pridiyathorn Devakula revealed Tuesday an open letter to Prime Minister Yingluck Shinawatra, urging her to discontinue the rice-pledging scheme or plugging loopholes.

'Speeding' motorcycle rider plunges 6 metres down hole on Thonburi road

Military trucks on standby at 11 Bangkok districts to transport commuters

Constitutional Court chief orders probe into ‘leak’ of witness’ statement