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Bangkok Post
Bangkok Post
Business

Sugar cane loans to get state subsidy

BAAC

The cabinet on Monday approved fresh measures to convince sugar cane farmers to boost their productivity and reduce burning.

The new measures include a 3% interest rate subsidy to be given to farmers and agricultural cooperatives that take out soft loans from the state-owned Bank for Agriculture and Agricultural Cooperatives (BAAC) to buy machinery and invest in water supply development.

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