Economy and commerce
Small and medium enterprises (SME)
GSB wants add-on to SME loans
The state-backed Government Savings Bank (GSB) is seeking Finance Ministry approval to expand a 100-billion-baht soft loan scheme for small and medium-sized enterprises by 50 billion. The extra amount reflects pent-up demand after 100 billion baht was already taken out, said GSB president and chief executive Chatchai ...
Thai Government urged to also help big companies go abroad
The Thai Government should change its mindset about offering help only to small and medium-size firms expanding overseas and extend it to larger companies, said Thiraphong Chansiri, president and chief executive of Thai Union Group. Thiraphong added that a new challenge for companies branching out internationally was ...
Paving the way for new SMEs
The Cambodian government is reviewing a draft sub-decree that would see the creation of a one-stop shop to handle small- and medium-enterprise (SME) registration aimed at encouraging more of them to join the formal sector and improving the quality of state support, an official said ...
Thai start-ups in line for incentives
The Information and Communication Technology (ICT) Ministry is considering tax incentives for companies investing in tech start-ups in an attempt to stimulate long-term investment. The ministry plans to spend 100 million baht to promote Thailand’s tech start-up industry, said vice-minister Pansak Siriruchatapong. Keep reading ...
'Echelon Thailand' set to host Mekong region start-ups
“Echelon Thailand” will bring active start-up communities from around the Mekong region including CLMV (Cambodia, Laos, Myanmar and Vietnam) to connect with one another. The 26-27 November event organised by e27, Asia’s largest tech media platform, is expected to attract the best of the Mekong region’s ...
Soaring price of onions confronts NLD with challenge of governing
As the National League for Democracy prepares to take charge of Myanmar’s economy, small businesses in Yangon are cutting costs and preparing for the worst, with food prices soaring and the kyat touching an all-time low against the dollar. Restaurant and tea-shop owners in Myanmar’s largest ...
Vietnam's SMEs to face regional competition
Small and medium-sized enterprises in Vietnam have paid little attention to the nearing formation of the ASEAN Economic Community (AEC), while larger companies with a “national brand name” are actively preparing for the regional integration process. Le Thanh Hai, the deputy manager of the Viet Nam ...
370 foreign companies approved under Thailand's Foreign Business Act in first 11 months
Thailand’s Business Development Department approved the operations of 370 foreign companies under the Foreign Business Act during the first 11 months of the year. Keep reading ...
Vietnam dominates Mekong's top 10 most promising tech startups
Three Vietnamese projects have been listed in the Mekong region’s top 10 most promising tech startups which will be showcased at an international exhibition in Thailand at the end of this month. Two Thai startups are also on the list, while the rest are from other ...
Cambodia and Laos: The challenge of altering attitudes towards startups
Startups in Cambodia and Laos might be focussed on local problems, but meeting those needs could foster greater receptivity. At 15 million and seven million strong respectively, Cambodia and Laos both have in excess of 50 per cent of their people who are 24 or younger. ...
