The Organized Financial Market
Thailand has a substantial number of financial institutions, namely, commercial banks, finance companies, agricultural cooperatives, savings cooperatives, life insurance companies, pawnshops and credit fonciers. In addition, there are a number of specialized financial institutions, namely, the Government Savings Bank, the Bank of Agriculture and Agricultural Cooperatives (BAAC), the Industrial Finance Corporation of [...]
Rice forms the core of the Thai economic system. The staple food of the nation, it was the country’s largest single foreign exchange earner for well over a century. Thailand is the world’s leading exporter of rice, earning 32,958 million baht in 1993. In recent years though, agriculturalists have found new uses for paddy land. [...]
The agriculture sector’s contribution to the Gross Domestic Product declined from 39.4 percent in 1961 to 12.2 percent in 1993 due primarily to the rapid expansion of other sectors of the economy. However, agriculture will continue to be a dominant sector of the Thai economy for years to come.
In 1993, farm population comprised approximately 57 [...]
Traditionally an agrarian nation, today Thailand boasts a complex, multi-faceted economy embracing industries employing the latest and most sophisticated technology.
Several important factors have contributed to the country’s enviable growth. Its principal comparative advantage has been the abundance and diversity of its natural resources. Blessed with large expanses of fertile land and ideal growing conditions, Thailand [...]
The Culture of Thailand is heavily influenced by Buddhism. Other influences have included Hinduism, conflict and trade with Southeast Asian neighbors such as Laos and Myanmar, and repeated influxes of Chinese immigrants.
Customs
One of the most distinctive Thai customs is the wai, which is similar to the Indian namaste gesture. Showing greeting, farewell, or acknowledgment, it [...]
Ingredients
Beef 500 grams (Tenderloin)
Shallot 1/4 bowl
Lemon grass 1/4 bowl
Parsley 1 tablespoon
Cucumber, tomato and mint (for dressing)
Fish sauce, lime juice, sugar, chillies (for sauce)
Preparation
1. This Menu was cooked like BBQ or steak. Grill the beef with hot fire.
2. Cook fast to get the medium rare.(For rare and medium rare, grill each side 3-4 minutes, medium to [...]
Ingredients
Chicken 500 grams
Coconut milk 1 1/2 bowl
Galangal 1/2 bowl
Lemon Grass 2 stalks
Kafffir lime Leaves 4-5 leaves
Fish sauce (Nampla) 3-4 tablespoons
Lime juice 3-4 tablespoons
Chillies 10 chilli
Banana flower 1 (Hua Pli)
Cilantro (for dressing)
Preparation
1. Grill the banana flower, slice into pieces. (Should be steep in the water that mixed with lime juice, to prevent its color turn to [...]
Ingredients
Roasted Duck 400 grams (torn into pieces)
Coconut milk 1 1/2 bowl
Tomato 150 grams (torn into pieces)
Pineapple 150 grams (torn into pieces)
Grape 50 grams (torn into pieces)
Zalacca 50 grams (torn into pieces)
Fish sauce (Nampla) 3 tablespoon
Sugar 3 teaspoon
Kafffir lime leaves 4-5
Sweet basil leaves 1/4 small bowl
Red & yellow chilli
Red curry paste 2 table spoon
Preparation
1. Stir fied [...]
Ingredients
Pork 300 grams (You can change it to chicken, beef if you want)
Chilli 7-10 (This dish is very spicy, you can reduce some)
Garlic 8 pieces
Long bean 50 grams (optional)
Oyster sauce (Nam Man Hoi) 1 tablespoon
Kaprao (Holy basil or Sacred basil) 1/4 small bowl
Fish sauce (Nampla) 1/2 – 1 tablespoon
Sugar 1 teaspoon
Oil for stir fied
Preparation
1. Stir [...]
Ingredients
Rice noodles 300 grams
Duck eggs 3 eggs
Shrimp 150 grams
Yellow Tofu (chop into small squares) 100 grams
Bean sprout 200 grams
Allium leaf (roughly chop) 10 stalks
Small dried shimp (Goong Haeng) 3 tablespoons
Shallot 3 tablespoons
ChaiPow 1/2 small bowl
Fish sauce 1/4 small bowl
Palm sugar 1/4 small bowl
Chilli 1Tablespoons
Groundnut 1/2 small bowl
Tamarind vinegar 1/4 small bowl
Vegetable oil 1/2 small bowl
Fresh [...]