Economy and commerce

Small and medium enterprises (SME)

Exports seen rising more than 7% y/y in Q3

Thailand’s exports are expected to rise more than 7% in the third quarter from a year earlier and 6% in the final quarter of the year, lifted by higher global demand and a weaker baht, the Thai National Shippers’ Council said on Tuesday.Exports could grow ...

Online export channel logs orders worth THB10.15bn in first 6 months

Thai exports via a new online channel totalled 10.152 billion baht in the first half of 2021, the Department of International Trade Promotion reported on Monday.The online export platform www.thaifex-vts.com was used at the THAIFEX Virtual Trade Show on May 25 and will operate until ...

The Nation Reporter

Only SMEs with “chance to survive” will qualify for loan rehabilitation scheme

Only Small and Medium Enterprises (SMEs) with a chance to survive will qualify for the loan rehabilitation scheme to cope with the economic impact from the Covid-19 crisis, said the Bank of Thailand governor on Friday.“Not all enterprises that receive credit will survive. We must ...

BoT adds SME debt rejig options

The Bank of Thailand has added debt restructuring measures for entrepreneurs as the impact deepens from the third wave of the pandemic.The central bank extended the debt moratorium term for small and medium-sized enterprises (SMEs) to December from June 30.The measure is available for SMEs ...

Bangkok Post Reporter

Container shortage a bigger worry for shippers council than factory Covid clusters

The Thai National Shippers Council (TNSC) has revised upward its forecast for Thai exports in 2021, from 4-6 per cent growth to 6-7 per cent.Chaichan Charoensuk, chairman of TNSC, said in an exclusive interview that the export sector was the main engine to help drive ...

The Nation Reporter

SMEs want more cost-cutting measures from gov’t: FTI

Small and medium businesses are asking the government to help absorb their operational costs and rents as businesses continue to suffer from the COVID-19 pandemic.The Federation of Thai Industries (FTI) has made suggestions on what the government could do to help small and medium enterprises ...

NNT Reporter

Government upbeat as cross-border trade rises

Cross-border trade rose by 26.7% in the first four months, increasing the government’s confidence such trade will grow by 3-6% this year after declining 1.7% in 2020.Commerce Minister Jurin Laksanawisit revealed on Tuesday the country’s overall cross-border trade, including transit trade, tallied 526 billion baht ...

Phusadee Arunmas

New co-payment aid for SME wages

The government is set to roll out a fresh 50% co-payment subsidy for the monthly salary of employees of small and medium-sized enterprises (SMEs), its latest move to deter mass layoffs in the country.Deputy Prime Minister Supattanapong Punmeechaow said the new aid measure is scheduled ...

Bangkok Post Reporter

SEC seeks to regulate decentralised finance

Activities related to decentralised finance (DeFi) projects which involve digital coin issuance may require a licence from the regulator in the near future, the Securities and Exchange Commission (SEC) announced.The statement was released on Sunday afternoon after a DeFi farming platform named Tuktuk Finance debuted ...

Bangkok Post Reporter

Q2 exports seen up 15% y/y - shippers

Thailand’s exports are expected to rise 15% in the second quarter from a year earlier, powered by improved global demand and after coming off a low base last year, the shippers’ council said on Tuesday.While maintaining its export growth forecast of 6%-7% this year, the ...

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