Over half of SMEs unlikely to survive six months without government support

The Federation of Thai SMEs has warned that small and medium-sized enterprises faced a serious crisis, with 13 per cent at risk of not surviving three months, and 40 per cent likely to close down within six months.

Federation chairman Sangchai Theerakulwanich urged the government to help SMEs by suspending loan principal and interest payments for at least six months.

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The Nation Reporter