Showing 1 - 10 of 71
Thailand gains access to XTransfer platform
Business, Suchit Leesa-nguansuk, Published on 28/03/2024
» XTransfer, a Chinese fintech unicorn, has expanded its business-to-business (B2B) cross-border trade payment platform to Thailand to capitalise on global trade conducted by small and medium-sized enterprises (SMEs).
Ministry seeks to boost SME funding
Business, Phusadee Arunmas, Published on 28/03/2024
» The Commerce Ministry is pushing small and medium-sized enterprises (SMEs) to take advantage of the Secured Transaction Act by using assets with economic value such as machinery, high-value trees and intellectual property as collateral to secure loans.
Small and Medium Enterprise Development Bank of Thailand predicts 28% loan growth
Business, Wichit Chantanusornsiri, Published on 10/02/2024
» The Small and Medium Enterprise Development Bank of Thailand (SME D Bank) set a loan target of 90 billion baht this year, up by 28% from 2023, while non-performing loans (NPLs) tallied only 8%, the lowest in 22 years, says president Nartnaree Rathapat.
BoT bans fees for consumer loans
Business, Somruedi Banchongduang, Published on 18/01/2024
» The Bank of Thailand is prohibiting fees for debt prepayment and debt restructuring for all consumer loan products under the new responsible lending (RL) regulation.
Extending financial credit to SMEs
Oped, Pakorn Vichyanond, Published on 16/09/2023
» SMEs in Thailand are in dire economic straits. Despite the fact they make up 99% of businesses in the country, they receive only 18% of outstanding credit from commercial banks and contribute 35% of GDP.
Tech Conference 2023: Elevate Thai Tourism Innovations
Published on 13/09/2023
» The Tourism Authority of Thailand (TAT), Small and Medium Enterprise Development Bank of Thailand (SME D Bank), and Electronic Transactions Development Agency (ETDA) actively promote tourism business operators using technology and innovation to drive sustainable business growth by supporting the "Tourism Entrepreneurship Potential Development on Travel Products and Services in the Digital Age Project" (Enhancing Thailand Tourism 2023).
Going global
Business, Wichit Chantanusornsiri, Published on 24/07/2023
» Why are Thai small and medium-sized enterprises (SMEs) unable to penetrate foreign markets as other countries do? Apart from a lack of courage in tackling obstacles to international trade, Thai SMEs' lack of research and development (R&D) is one of the key factors hindering them from entering the global market.
SME D Bank loans set to reach B70bn
Business, Wichit Chantanusornsiri, Published on 12/07/2023
» Most loans being issued by the Small and Medium Enterprise Development Bank of Thailand (SME D Bank) are to increase liquidity, with only a few for investment as entrepreneurs are still concerned about the unclear political situation, according to president Nartnaree Rathapat.
CEA and Partners Sign MoU to Boost Thailand's Creative Economy through Creative Business Transformation
Published on 23/06/2023
» The Creative Economy Agency (CEA) and its 15 alliance networks have joined forces to strengthen cooperation in the creative industries, focusing on "Creative Business Transformation."
SME D Bank focuses on circular economy
Business, Wichit Chantanusornsiri, Published on 09/03/2023
» Small and Medium Enterprise Development Bank of Thailand (SME D Bank) plans to focus on investments in promising bio-, circular and green (BCG) SMEs and startups this year, according to president Nartnaree Rathapat.