Small and medium enterprises (SME)

SMEs policy and regulation

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

Up to 80% of SMEs hit by lack of liquidity, 100,000 may close for good if Covid crisis persists

About 70 to 80 per cent of small to medium-sized enterprises (SMEs) are suffering from a lack of liquidity since the third Covid-19 wave hit Thailand in late March and 100,000 could close for good, warned Saengchai Theerakulwanich, president of the Federation of Thai SMEs, ...

The Nation Reporter

BoT and Ministry look to tweaking soft loans for SME aid

The Finance Ministry and the Bank of Thailand are set to discuss amending the soft loan royal decree soon in a bid to provide greater financial relief coverage for small and medium-sized enterprises (SMEs).The idea of amending this royal decree stems from the intent of ...

Wichit Chantanusornsiri

Govt plans B50bn fund for small firms hit by pandemic

The government will seek cabinet approval next week for a 50 billion baht fund to help small businesses affected by the coronavirus outbreak, Somkid Jatusripitak said on Monday.The fund will provide soft loans to those firms that have no access to funding, the deputy prime ...

FTI taking SME rehab plan to PM

The Federation of Thai Industries (FTI) will submit its economic rehabilitation plan to Prime Minister Prayut Chan-o-cha today, urging the government to speed up issuance of soft loans and technological help for farmers and small and medium-sized enterprises (SMEs).Speaking on Thursday, FTI chairman Supant Mongkolsuthree ...

Lamonphet Apisitniran

SME debt scheme hampers loan access

The troubled debt restructuring (TDR) scheme offered to small and medium-sized enterprises (SMEs) was affected by subpar economic growth, a stumbling block for many firms in accessing additional lending as well as the central bank’s sponsored soft loans, says the head of the National Credit ...

Somruedi Banchongduang

Industry Ministry to suspend small firms' debts

The Industry Ministry plans to roll out rescue measures by suspending debt payments for 6-12 months for small community enterprises for several industries affected by the Covid-19 outbreak.The measure covers businesses in food, drinks, herbs, jewellery, souvenirs and clothing. Local producers can apply for debt ...

Lamonphet Apisitniran

New rules to help SMEs raise capital

The Securities and Exchange Commission is in the process of issuing regulations to facilitate capital market funding access for small and medium-sized enterprises (SMEs), aiming to initially allow SME share offerings and convertible debentures without document submission.The move will reduce unnecessary procedures and costs, and ...

Pathom Sangwongwanich

Govt agencies to focus on development of SMEs to complement S-curve industries

In the next fiscal year, the Industrial Promotion Centre Region 9 (IPC9) under the Department of Industrial Promotion (DIP) will focus on improving SMEs to support S-curve industries in the future.The move will also complement the infrastructure the government has invested in and the expansion ...

The Nation Reporter

Companies join hands helping upgrade SMEs for Industry 4.0

The Federation of Thai Industries (FTI) has joined hands with private companies with the expertise in digital technology to mentor SMEs on digitization, in order to better prepare themselves for the Fourth Industrial Revolution (Industry 4.0) and to enhance their competitiveness.Keep watching ...

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