The Federation of Thai SMEs has called on the government to help accelerate improvement in the export capabilities of small and medium-sized enterprises (SMEs), promote direct investment domestically, and establish a trade and branding agency as a new organisation to enhance the competitiveness and income of SMEs.
According to Sangchai Theerakulvanich, president of the federation, a group of SMEs proposed during a recent meeting with Commerce Minister Phumtham Wechayachai the ministry upgrade the export capabilities of SMEs, especially by establishing a trade and branding agency managed under a public-private partnership model.
The new agency would compile market data and support collective buying and selling, as well as supply chain management for SMEs, including small agricultural cooperatives that play a significant role in the grassroots…