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New Year gift in store for SMEs, says Somkid


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Posted

New Year gift in store for SMEs, says Somkid

By THE NATION

 

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Deputy PM Somkid Jatusripitak

 

As a New Year gift to Small and Medium-sized Enterprises (SMEs), Deputy Prime Minister Somkid Jatusripitak said on Monday (December 23) that he had ordered the setup of a working panel, tasked with preparing support measures to ease their financial burden.

 

The committee will comprise representatives from the Finance Ministry, Bank of Thailand, the Thai Bankers' Association and the private sector. The measures are expected to be submitted to the Cabinet on January 7, 2020.

 

SME owners will return from their New Year break to good news, Somkid said. 

 

He added that Prime Minister Prayut Chan-o-cha had asked related parties to look into the procurement law, in order to seek access for SMEs to participate in bidding for state projects.

 

Source: https://www.nationthailand.com/business/30379762

 

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-- © Copyright The Nation Thailand 2019-12-24
Posted
7 hours ago, webfact said:

he had ordered the setup of a working panel, tasked with preparing support measures to ease their financial burden.

TRANSLATION:

We're clueless still after five years so hence the traditional Committee and no doubt numerous sub-committees to advance the impression that government is "Doing Stuff."

 

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