Thai government economic team announced that to challenge with Singapore about STARTUP, Vice-Premier Somkid Jatusripitak has been confident that Thailand is a center to connect “One Belt One Road” which also reveal that nowadays Thailand have more than 3 million peoples investing on the SME Business or more than 97.7% of the firms around the country.
During the last week, Vice-Premier Somkid Jatusripitak has been mention on the opening ceremony of “SME Transform” at Muang Thong Thani about government policy to pushing Thailand to become a “HUB-START-UP” instead of Singapore. Thus, Thai government now believe that Thai Investors will become a higher potentiality in this near future as well. Moreover, to help both of them getting more beneficial from the policy of connecting in transportation from China to the South and policy of economic connecting between Japanese, India and Australia. These two mention policies are also having Thailand as a center country which mean this is a best opportunity to Thai Economic, therefore Thai government need to get more progress as much as them can before the election start.
Which in this present day Thailand have a SME more than 3 million peoples or can count as a percentage about 99.7% of organization around, there is also provide a job opportunity to the citizen more than 10 million peoples as well. This is a real economic structure which make the government need to create a target of “The Economy Base on an Entrepreneurial Basis” for help SME to become a most important economic in Thailand, instead of dependence on the large firms economic that have only a few. Therefore, to create a national plan of business development and society issue by 13, Thai government need to be more focusing on development the SME and START-UP Investors as a main preliminary. In additional to it, Thai government now pushing GPSME to make the percentage of investment increase by 36% from now and more than 50% in this coming year of 2021 by specifically on getting higher budget from financial institution, which the financial institution has to adjust the system of BG Data with all of the private sector and also including government sector in the same time, that is to get more efficient on analysis and budget spending as well.
