New support for SMEs on the cardsVisitors checked out products at Thailand Industry Expo 2014. (File photo)The government plans to launch a new package of small and medium-sized enterprise (SME) support measures, of which soft loans and Board of Investment (BoI) incentives could be integral parts. The BoI is considering investment privilege for SMEs, while the Bank of Thailand and Government Savings Bank are mulling soft loans to alleviate SMEs’ financial costs, said Finance Minister Uttama Savanayana. Offering privileges to support establishment of matching funds to invest in SMEs is also under consideration, Mr Uttama said. Investment stimulus measures for SMEs are a means to boost the economy, in addition to an acceleration of state agencies’ and enterprises’ investment budget disbursement, he said.

Source: Bangkok Post January 14, 2020 09:03 UTC