News

Agencies to lure SMEs to border SEZs

With large-scale industries reluctant to invest in the border special economic zones (SEZs), Deputy Prime Minister Somkid Jatusripitak has assigned government agencies to come up with more measures and incentives to draw investment from small and medium-sized enterprises (SMEs).Keep reading ...

Chatrudee Theparat

Three state enterprises sign MOU to boost exports for SME

Three state enterprises have signed an agreement to provide financial support for small and medium enterprises (SMEs) in dealing with export markets.Keep watching ...

Shared logistics could take SMEs global

Thailand could take a few lessons from South Korea on how to make further inroads into the global e-commerce market. The Seoul government aims to incubate as many as 15,000 e-commerce exporters over the next three years. Multiple South Korean government agencies have joined forces ...

The Nation Reporter

Dept in big push for SMEs to embrace e-commerce platforms

With a budget of Bt1.28 billion, the Ministry of Industry’s Department of Industrial Promotion (DIP) aims to generate a business value of Bt13 billion in 2019 through bringing traditional small and medium-sized enterprises (SMEs) onto e-commerce platforms and boosting the country’s startup ecosystem through Thailand ...

Phuwit Limviphuwat

Single account scheme attracts 24,000 SMEs

Some 24,000 small and medium-sized enterprises (SMEs) have already signed up to sort out their financial accounts from 2016-17, meeting standards to avoid late payment penalties and criminal liability, says the chief of the Revenue Department. Keep reading ...

Wichit Chantanusornsiri

Thailand govt’s adoption of advanced tech boost for local SMEs

A recent report noted that Thailand is in the process of gradually shifting from a manufacturing to a high-value, hi-tech manufacturing economy.This was seen after the country has put all its efforts into promoting the use of advanced technology, science, and innovation in parallel with ...

Alita Sharon

ETDA plans digital workforce

The Electronic Transactions Development Agency (ETDA) aims to attract 1 million teenagers to join the e-commerce workforce and 200,000 micro-SMEs to go online this year to boost the online economy. By 2023, ETDA wants to have 8 million workers and 1.6 million micro small and ...

Suchit Leesa-Nguansuk

DEPA offers tax deduction up to 200% for software purchases by SMEs

The Digital Economy Promotion Agency (DEPA) has devised a measure to promote software usage, offering tax deductions of up to 200 percent of the value of a computer program suited to business operations.Keep reading ...

Itiporn Lakarnchua

Govt moves to instigate Industry 4.0

The Ministry of Industry and the Federation of Thai Industries, are collaborating to develop both business and industrial sectors in line with the “Factory 4.0” StrategyMinister of Industry, Uttama Savanayama said this week the ministry wants to support more than 150,000 industrial entrepreneurs nationwide in ...

Suwit Rattiwan

Somkid promotes startup trading board

A trading board for startup shares is expected to be established in a few years to support Thailand’s path to becoming a startup nation, says Deputy Prime Minister Somkid Jatusripitak. Startups are not qualified to list on the main board of the Stock Exchange of ...

Wichit Chantanusornsiri

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