by Tanakorn Sangiam
    
BANGKOK (NNT) - The Prime Minister told the Board of Investment (BOI) in a meeting that his administration had plans to upgrade small businesses. The plans call for the continuous development of the grassroots economy.

 

At the BOI meeting, Prime Minister Gen Prayut Chan-o-cha acknowledged suggestions made by the board and admired its effort to help strengthen smaller businesses. One particular example of the effort is the sandbox model. This model provides a level playing field for SMEs, community enterprises, and startups to compete, while the government acts as a supporter.

 

The Prime Minister asked the BOI to come up with an approach to attract capable businesses to Thailand, and look for ways to enhance the country’s competitiveness.

 

Also, Gen Prayut said the BOI should focus on investments in the East-West Economic Corridor, in addition to the Eastern Economic Corridor (EEC), because the former caters more to small and medium-sized firms and the grassroots economy.

 

He urged the board to roll out promotion packages to boost the Southern Economic Corridor in a way that uplifts local communities.

 

Source: https://thainews.prd.go.th/en/news/detail/TCATG221014081807877

 

-- © Copyright NNT 2022-10-14

 

- Cigna offers a range of visa-compliant plans that meet the minimum requirement of medical treatment, including COVID-19, up to THB 3m. For more information on all expat health insurance plans click here.

 

Monthly car subscription with first-class insurance, 24x7 assistance and more in one price - click here to find out more!

 

I think government has killed more small businesses in the past 2-3 years than helped !

Talking the grassroots talk,

walking the "enrich your cronies" walk.

I find it absolutely fascinating that the same narrative is being promoted all over the globe. You can here the exact same - almost word for word - all over Europe right now. Sounds a lot like "great reset" rhetoric btw.

 

Does Prayut have ties to the WEF and the US libs ?

Since his big biz cronies have squeezed what they can out of the covid shutdown of small businesses,

 

Now its time to start a supposed small business fund that the can be robbed...

Maybe they can start making feasible to start a small business under boi for foreigners...

21 hours ago, webfact said:

The Prime Minister told the Board of Investment (BOI) in a meeting that his administration had plans to upgrade small businesses. The plans call for the continuous development of the grassroots economy

The prime minister told.... as if he knows anything about small businesses.