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University of the Thai Chamber of Commerce reveals Q2/2018 SMEs index, parade up The Bank of Thailand is pleased with the way to support the retailers to educate the partners to fill the capital in the right way.

The University of the Thai Chamber of Commerce joins hands with the Bank of Thailand to announce the SMEs index for the second quarter of 2018, increasing the level. both in terms of the situation, sustainability and competitiveness Sending signals to SMEs to improve their business adaptability. while SME customers are stronger than average reflects the way to support knowledge of the couple who is on the right path

Center for Economic and Business Forecasting University of the Thai Chamber of Commerce, in collaboration with the Small and Medium Enterprise Development Bank of Thailand (SME Development Bank or SME Bank) announced the SMEs business situation index and the SMEs business competitiveness index for the second quarter of 2018 from 1,249 samples across the country. By surveying 3 indexes, namely 1. SMEs Business Situation Index (SMEs Situation Index), 2. SMEs Competency Index, and 3. SMEs Sustainability Index. Competitiveness of SMEs (SMEs Competitiveness Index)

Asst. Prof. Dr. Thanawat Phonwichai, director of the Center for Forecasting, said that the Business Situation Index for the second quarter of 2018 was at 43.3, an increase of 0.5 points compared to the previous quarter (1/2018), showing signs of clear recovery This is because it has been increasing continuously since Q3/2017 and is likely to continue increasing in Q3/2018 to the level of 43.6.

However, when comparing the business situation indices in the customer and non-customer groups of the Bank of Thailand, it will be found that among the non-customers of the Bank of Thailand, the business situation has declined in almost every topic of the survey. whether liquidity Raw material stocks, total liabilities, net profit, retained earnings. The Business Situation Index declined 0.6 from 39.4 to 38.8, in contrast to the SME customers. The Business Situation Index increased 1.9 from 46.4 to 48.3.

Business Ability Index Q2/2018 was at 50.2, down 0.1 point compared to the previous quarter. The interesting information was found. When comparing groups that are SME customers with those who are not SME customers, they found obvious differences. In the group that is not a SME Bank customer, the index continued to decline from the level of 44.9 in the first quarter of 2018 to a level of 44.3 in the second quarter of 2018, while the group of SME customers increased Up 0.6 from 56.2 in 1Q 2018 to 56.8 in 2Q 2018.

And the business sustainability index for the second quarter of 2018 was at 52.0, an increase of 0.5 points compared to the previous quarter. And is likely to increase in the 3rd quarter of 2018 to the level of 52.3, which is a continuous increase for 3 consecutive quarters, indicating that entrepreneurs can upgrade their business to create sustainability. better The non-bank customers increased 1.1 from the previous quarter. rose to the level of 46.0, while the group of customers of the Bank of Thailand increased 0.2 from the previous quarter. up to the level of 58.7.

From the above 3 indices, leading to the Competitiveness Index in Q2/2018, it was found at 48.5, an increase of 0.3 points compared to the previous quarter. This is a continuous increase from the 3rd quarter of 2017 onwards and is expected in the 3rd quarter of 2018. will increase further to the level of 48.7 and when separated from non-customers, SME Bank found that the competitiveness index decreased by 0.1 from 43.1 to 43.0. Competitive increased 0.9 from 53.7 to 54.6

however Issues that entrepreneurs should watch out for are the volatility of the baht, although it remains stable in a weaker direction. Oil prices remained at a high level. with an upward trend if the US Iran sanctions Trade war or trade war that has not ended The price level of agricultural crops remained low. Purchasing power may not recover quickly. and the ability to access credit of entrepreneurs

Mr. Mongkol Leelatham, Managing Director of the Bank of Thailand, added that The index surveyed this time This reflects the approach to support bank customers who aim to top up capital through low interest loans. along with the development of knowledge around Whether it’s accounting, business planning, marketing, creating standards for products or services, etc., this is the right approach. because it helps SMEs especially small people Easy access to funding sources, including the ability to do more business Driving business towards sustainability and has the ability to compete in the business more than the average entrepreneur

In addition, the bank has launched an application service “SME D Bank”, applying for loans online immediately, anytime, anywhere. “The horse carriage Promote Thai SMEs. Quick to reach the country” will go to meet to check the actual condition of the business help entrepreneurs especially the minority in various communities Easier access to bank special interest rate loans

 

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