Small and medium enterprises (SME)

The Finance Ministry will seek cabinet approval to require financial institutions to contribute 0.001% of their deposit base to a fund tasked with promoting small and medium-sized enterprises (SMEs).A legal amendment is needed for the contribution requirement, and the fund is expected to receive 100 ...

The target for bilateral trade between Thailand and Vietnam has been set at US$20 billion by 2020, said Thai-Vietnam Business Council’s president Sanan Angubolkul during an interview with The Nation yesterday (Sep 27).Keep reading ...

Thai and US businesses pledged Monday (Sep 24)  to set up an economic and business promotion committee and partner to promote Thailand’s digital economy and Thailand-US digital trade and investment. Keep reading ...

Aranyaprathet customs officers along with immigration police officials set up a checkpoint Sunday (Sep 23) at Aranyaprathet Border Crossing to suppress smugglers of illicit substances and goods at the Thailand-Cambodia border.Keep reading ...

CAT Telecom and Thailand Post are promoting the use of online platforms to support small and medium sized business in the country. CAT Telecom expects around a million users to download via the iget Mart application. Keep reading ...

The nation’s peak private-sector advisory grouping has voiced fears that the escalating trade conflict between the United States and China could harm the export sector – a standout performer in the Thai economy – next year.Keep reading ...

The third meeting of the Vietnam-Thailand Joint Trade Committee opened on August 2 in Hanoi with the aim of enhancing bilateral economic and trade cooperation.The two-day event is co-chaired by Minister of Industry and Trade (MoIT) Tran Tuan Anh and Thai Commerce Minister Sontirat Sontijirawong.Keep ...

Thailand’s border trade remains on course for healthy growth after rising 6.8% year-on-year in the first half of the year amid higher demand for Thai goods. According to Wanchai Varavithya, deputy director-general of the Foreign Trade Department, overall border trade, including transit trade, amounted to ...

Only 17% of 3 million small and medium-sized enterprises (SMEs) have access to commercial bank loans, and as much as 84.2% of the total SME loan portfolio is concentrated in 50,000 operators, says a report by the Puey Ungphakorn Institute for Economic Research. Keep reading ...

Thailand’s Department of Foreign Trade (DFT) is introducing new Thai entrepreneurs to Cambodian businesses in Phnom Penh to create opportunities for trade with neighboring countries. The department is confident that the program will result in purchase orders worth at least 220 million baht. Keep reading ...