Small and medium enterprises (SME)

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 ...

The government has developed urgent policies to cope with the volatility of the global economy especially the impact of the trade war between China and the United States. The Thai Chamber of Commerce (TCC) is ready to work closely with the Ministry of Commerce to ...

The Digital Economy Promotion Agency (Depa) plans to offer a 200% tax deduction for the purchase of smart devices, digital services, robotics and Internet of Things (IoT) devices by small and medium-sized enterprises (SMEs), in addition to software, starting next year.Keep reading ...

Thailand is returning to the negotiating table for a Thai-European Union (EU) free-trade agreement (FTA) after the green light was given by the new government, according to Auramon Supthaweethum, director-general of the Trade Negotiations Department.“This follows a directive from the new Deputy Prime Minister and ...

Rice exporters on Wednesday lowered their target for the year from 9.5 million tonnes to 9 million, after a sharp fall in first-half shipments due to the strong baht and ample global stockpiles.Thailand’s rice exports from January to June this year fell 19.6% compared with ...

Non-performing loans (NPLs) relating to agricultural products reached 12 per cent in the first quarter of this year, sitting at Bt25 billion, TMB Analysis reports.The retail and wholesale businesses for small and medium-sized enterprises (SMEs) are in a worrisome situation in terms of debt, said ...

Exporters are estimated to lose as much as 500 billion baht worth of income from the strong baht this year, with small-scale entrepreneurs hit the hardest.According to Visit Limlurcha, vice-chairman of the Thai National Shippers’ Council, exporters have lost about 200 billion baht worth of ...

Thailand is ready to resume negotiations for a free-trade agreement (FTA) with the European Union (EU) once the new government is established, as officials seek to offset the decline in global trade, according to a leading trade official.Keep reading ...

The European Union (EU) has agreed to allow Thailand to negotiate its export quota for 31 products, said Auramon Supthaweethum, director-general of the Department of Trade Negotations. Keep reading ...

Shipments of Thailand’s automobiles and auto parts are unlikely to face penalty tariffs by the US because the export values are deemed insignificant. Auramon Supthaweethum, director-general of the Trade Negotiations Department, said Thailand’s auto exports made up just a 0.1% market share, or US$231 million ...