Subsidies shore up SMEs ahead of Nov 1

More than 5,000 small and medium-sized enterprises (SMEs) joined a government subsidy programme to help them retain employees on the first day of registration on Wednesday, said Labour Minister Suchart Chomklin.Applicants can register until Nov 20, according to the ministry. The programme was designed to ...

Bangkok Post Reporter

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 ...

The Nation Reporter

Tips for SMEs to boost online food sales

A Chula marketing expert has offered SMEs three tips for boosting their food delivery businesses – know your strengths, know your customers, and use eye-catching food images.Food delivery is a fast-growing business during Covid-19, when customers are often reluctant to leave their homes or offices. ...

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

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

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

Ransomware targeting Asean SMEs drops

The global cybersecurity company Kaspersky has reported a significant decrease in the number of ransomware attempts it detected and foiled last year among small and medium enterprise (SME) users in Southeast Asia.The company monitored 804,513 ransomware events in 2020, down 58% from the 2019 total ...

Customs urged to seek solutions for tax waivers

The Finance Ministry has ordered the Customs Department to step up its search for ways to reduce the impact of the exemption on import tax and value-added tax (VAT) for imported goods worth up to 1,500 baht, saying such measures are hurting small and medium-sized ...

Wichit Chantanusornsiri

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