echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Food News > Food Articles > The epidemic hits Thailand's rural cooperatives' annual turnover by 7.5 billion baht

    The epidemic hits Thailand's rural cooperatives' annual turnover by 7.5 billion baht

    • Last Update: 2021-11-12
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com
    Comprehensive Thai media reported on November 4 that there are currently 6,730 cooperatives in Thailand, divided into 7 types, namely agricultural cooperatives, community cooperatives, fisheries cooperatives, shop cooperatives, service cooperatives, credit cooperatives and savings cooperatives, with approximately 11.
    43 million Members
    .
    Among them, there are 3,503 agricultural cooperatives with 6.
    3 million members; 3,227 non-agricultural cooperatives, with 5,037,000 members, and the total turnover of the cooperative system is as high as 2,230 billion baht
    .
     
    The Ministry of Agriculture and Cooperatives of Thailand intends to formulate guidelines for the registration of new cooperatives, focusing on the establishment of high-quality cooperatives, rather than just looking at the number
    .
    In the past year, the turnover of agricultural cooperatives decreased by 7.
    55 billion baht, mainly due to the impact of the epidemic, which led to a decline in the cooperative’s agricultural product sales, because some private enterprises that purchased agricultural products ended operations or slowed the export of agricultural products to the international market
    .
    In contrast, the turnover of non-agricultural cooperatives increased by 65.
    6 billion baht, a 3.
    48% increase
    .
     
      The Ministry of Agriculture and Cooperatives of Thailand plans to build strong county-level agricultural cooperatives to support local farmers' employment
    .
    About 40 new cooperatives have been established this year, and 70-90 new cooperatives will be added every year from 2018 to 2020
    .
    Through the self-management of the cooperative staff, a professional team is developed, and high-quality cooperative social members are retrained
    .
    Expanding various professional groups, allowing more farmers and villagers to join as members, and allowing them to have business dealings with cooperatives will help the cooperatives to develop and grow, and can use government-supported market means to respond to the production of cooperative members in order to give full play to their Maximum potential
    .
     
      In short, in fiscal year 2022, the Ministry of Agriculture and Cooperatives of Thailand will implement the "good governance principle" in the management and operation of cooperatives to prevent corruption and damage the interests of cooperatives and members
    .
    If the investigation finds that there is an act that may cause damage to the cooperative, the person in charge of each cooperative must stop it
    .
    If there are problems in the operation of the cooperative, the person in charge must pay close attention to it and be more committed to the promotion of the cooperative than ever before
    .
    Not only that, each cooperative has an annual net profit distribution, which is used for vocational training and imparting knowledge to members
    .
    Fishery Service
     
      The Ministry of Agriculture and Cooperatives of Thailand intends to formulate guidelines for the registration of new cooperatives, focusing on the establishment of high-quality cooperatives, rather than just looking at the number
    .
    In the past year, the turnover of agricultural cooperatives decreased by 7.
    55 billion baht, mainly due to the impact of the epidemic, which led to a decline in the cooperative’s agricultural product sales, because some private enterprises that purchased agricultural products ended operations or slowed the export of agricultural products to the international market
    .
    In contrast, the turnover of non-agricultural cooperatives increased by 65.
    6 billion baht, a 3.
    48% increase
    .
     
      The Ministry of Agriculture and Cooperatives of Thailand plans to build strong county-level agricultural cooperatives to support local farmers' employment
    .
    About 40 new cooperatives have been established this year, and 70-90 new cooperatives will be added every year from 2018 to 2020
    .
    Through the self-management of the cooperative staff, a professional team is developed, and high-quality cooperative social members are retrained
    .
    Expanding various professional groups, allowing more farmers and villagers to join as members, and allowing them to have business dealings with cooperatives will help the cooperatives to develop and grow, and can use government-supported market means to respond to the production of cooperative members in order to give full play to their Maximum potential
    .
     
      In short, in fiscal year 2022, the Ministry of Agriculture and Cooperatives of Thailand will implement the "good governance principle" in the management and operation of cooperatives to prevent corruption and damage the interests of cooperatives and members
    .
    If the investigation finds that there is an act that may cause damage to the cooperative, the person in charge of each cooperative must stop it
    .
    If there are problems in the operation of the cooperative, the person in charge must pay close attention to it and be more committed to the promotion of the cooperative than ever before
    .
    Not only that, each cooperative has an annual net profit distribution, which is used for vocational training and imparting knowledge to members
    .
    This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

    Contact Us

    The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

    Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.