News
SMEs' bad loans creep up
Commercial banks’ non-performing (NPL) and special mention loans (SMs) for small and medium-sized enterprises (SMEs), automobiles and credit cards at the end of September ticked up from the previous three months, resulting in a higher potential for more soured loans. Keep reading ...
Somruedi Banchongduang
Cabinet gives green light to draft on small businesses
In a meeting yesterday (Oct 16), the Cabinet approved drafts that will add legal conditions to support small- and medium-enterprises (SMEs), allow the setting up of trade associations and raise registration fees to help cope with the country’s economic situation. Keep reading ...
The Nation Reporter
SME fund bill bound for cabinet
The Finance Ministry will seek cabinet approval to require financial institutions to contribute 0.001% of their deposit base to a fund tasked with promoting small and medium-sized enterprises (SMEs).A legal amendment is needed for the contribution requirement, and the fund is expected to receive 100 ...
Wichit Chantanusornsiri
TRADE WAR: Supachai seeks focus on SMEs amid uncertainties
Thailand, as an export-dependent economy, needs to adjust its strategic policies and support small and medium enterprises against uncertainties and the threat of global capital outflows, experts warned Wednesday. Thailand should be concerned about trends in global trade, as they greatly affect the Thai economy ...
Phuwit Limviphuwat
Thailand launches food loss and waste reduction campaign
The Thai government has joined hands with the Food and Agriculture Organization (FAO) and Japan to find measures to help reduce food loss and waste, while promoting sustainable agricultural development. The Assistant to the Permanent Secretary for Agriculture and Cooperatives, Rapibhat Chandarasrivongs, attended the launch ...
Tanakorn Sangiam
Big Data will become driving force for economy, Sontirat says
Commerce Minister Sontirat Sontijirawong has shared his insights into the potential for Big Data to become a driving force in the economy.Sontirat said the processing of vast amounts of data could generate increased purchasing power among people at the grassroots level of the economy, while ...
The Nation Reporter
Report finds skewed SME loan uptake
Only 17% of 3 million small and medium-sized enterprises (SMEs) have access to commercial bank loans, and as much as 84.2% of the total SME loan portfolio is concentrated in 50,000 operators, says a report by the Puey Ungphakorn Institute for Economic Research. Keep reading ...
Darana Chudasri
BOI-Conditions eased for SMEs to Promote Usage of Technology
The government has launched measures to boost Thailand’s economic growth through the development of the Eastern Economic Corridor or EEC. These measures will undoubtedly lead to major investments in infrastructure and utility projects.It’s a misconception that the EEC development project targets foremost foreign or large ...
Myanmar boosts its bid to ease loan access for SMEs
Following the May 17 issuing of Myanmar’s first credit bureau licence to a joint venture company between Singapore’s Asian Credit Bureau Holdings and Myanmar Banks Association, small and medium enterprises (SMEs) now have a chance for a brighter future, according to government officials and industry ...
Khine Kyaw
Promote SMEs in Bangkok metropolis to do business matching in special economic zones in order to expand market.
Mr. Wasin Mahatnirunkul, President of the Association for Network of Engineering Services said that strengthening small and medium enterprises (SMEs) is another strategy that will be used to encourage SMEs to use as a support mechanism, as well as linking with the production network of ...
