Trade show to generate opportunities for SMEs bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
Deputy Prime Minister Supattanapong Punmeechaow has stressed the need to speed up help for micro, small and medium-sized enterprises (MSMEs) that are still reeling from the impact of Covid-19, as the move can stimulate efforts to restore the pandemic-ravaged economy.
Small- and medium-sized enterprises (SME) ministers from Asia-Pacific Economic Cooperation (Apec) nations kicked off a meeting in Phuket on Monday, which was organised to promote the bio-circular-green (BCG) economic model among its members.
Meet looks at potential of ASEAN s SME portal phnompenhpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from phnompenhpost.com Daily Mail and Mail on Sunday newspapers.
Contribution of SMEs to GDP to drop
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published : 6 Jul 2021 at 07:22
4 A vendor at Bangkok s Pratunam market sits idly during the third wave of Covid-19. (Photo: Somchai Poomlard)
Small and medium-sized enterprises (SMEs) contribution to the gross domestic product (GDP) is expected to drop in the second quarter because of the harsh impact of new infections, which began in April.
Veerapong Malai, director-general of the Office of Small and Medium Enterprises Promotion (Osmep) said the agency has forecast the contribution of SMEs towards GDP to fall in the second quarter from 35% of GDP in the first quarter of this year.
However, the percentage of decrease for the second quarter is not available.