Small firms under pressure as costs soar - News Summed Up

Small firms under pressure as costs soar


High energy and logistics costs pile more pressure on entrepreneurs, said Sangchai Theerakulwanich, strategy chairman for the Federation of Thai SMEs. RETAIL SECTORConcerns are growing among SMEs in the retail and wholesale sectors as large conglomerate retail chains continue their rapid expansion. Thailand does not have specific laws to protect local businesses or zoning regulations designed to enhance the competitiveness of local operators against large retail chains. "The expansion of large retail chains into local areas will definitely impact small players. To support small businesses, Mr Chanon urged the government to help stabilise costs for restaurant operators, particularly by managing prices for key inputs such as energy.


Source: Bangkok Post March 15, 2026 23:09 UTC



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