News
IP Dept urges copyright owners to spare SMEs
The intellectual Propert Depart-ment in Thailand has called for copyright holders and copyright-fee collectors to exempt small and medium-sized businesses from paying fees for playing music to customers and to send warning letters before taking legal action. After meeting with 19 copyright owners and 29 ...
SME sector faces risks and reward under NLD
Myanmar’s small and medium enterprises will face both opportunity and risk under the incoming National League for Democracy government, industry observers say. In particular, anexpected increase in foreign direct investment could separate the strong from the weak. Keep reading ...
E-tax to help provide B100bn in VAT
The electronic tax and single financial account scheme are expected to boost value-added tax by at least 100 billion baht a year, Thailand’s Revenue Department has said. Keep reading ...
SME Bank deadline extended
The state-run Small and Medium Enterprise Development Bank of Thailand (SME Bank) has pushed back the application deadline for its 15-billion-baht policy loan scheme to the end of June after only a third of the money was taken out. Keep reading ...
Price wars to subvert gains made by SMEs
Cambodian entrepreneurs and business leaders on 30 January stressed the challenges for firms in the hospitality and retail sectors that adopt an aggressive pricing policy, suggesting a more value-added approach instead. At the 2nd Global Alumni Convention – a forum that brings together Cambodian graduates who studied ...
SMEs need support to benefit from free trade pacts
Vietnam’s domestic small and medium sized enterprises need close co-operation from public offices in getting information about regulations of free trade agreements for getting more benefits from the agreements. This was suggested by experts at an Asia-Pacific Economic Cooperation (APEC) public-private dialogue. Keep reading ...
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 ...
