With rice payments completed the next steps are fairly straightforward

• NPL’s will decrease – Yay for finco’s
• Motorcycle sales will increase – Yay for motorcycle manufacturers/suppliers/leasing co’s
• Sales of White Goods will increase – Yay for retailers/finco’s
• Agricultural machinery sales will increase – Yay for manufacturers/suppliers/leasing

BAAC president Luck Wajananawat said the bank had distributed another 90 billion baht to over 800,000 farmers in overdue payments for pledged rice from the harvest year 2013/2014, which ended in February. A total of 1.69 million farmers had pledged 11.81 million tonnes of main crop rice for a total of 195.45 billion baht. The BAAC had now paid them 195.394 billion baht — 164.894 billion baht from the Commerce Ministry’s sales of rice, 10.5 billion baht from a special farmer fund and 20 billion baht from the government’s central budget.

Source: Bangkok Post