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SMEs
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Thailand offers new incentives to support SMEs
One key measure to support Thai entrepreneurs is an increase in the corporate income tax (CIT) benefits granted to BOI-promoted SMEs, which will now receive a five-year CIT exemption equal to as much as 100% of their investment in enhancing their capabilities and improvements, up from the previous three-year CIT exemption capped at 50% of investment.
Parliaments
PM Pham Minh Chinh urges SMEs to break limits for growth
As of December 31, 2024, Vietnam had over 940,000 active businesses, with SMEs making up nearly 98%. These enterprises employ 5.5 million workers and hold a combined capital of 16.6 quadrillion VND (650.08 billion USD), accounting for less than 30% of the total business capital in the country.
PM chairs conference seeking ways to help SMEs thrive
Prime Minister Pham Minh Chinh said Vietnam has met or exceeded all 15 major targets, delivering significant results across multiple sectors, and that SMEs playing a vital role in this success.
Indonesia bolsters financing for agriculture, fisheries enterprises
Indonesia bolsters financing for agriculture, fisheries enterprises
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