Fashion SMEs in Thailand to get boost

The Industry Ministry of Thailand has earmarked THB120 million to support small and medium-sized fashion enterprises wanting to explore opportunities in neighbouring countries next year.

Thailand’s fashion cluster, covering apparel, jewellery and leather products, has the potential to compete with Cambodia, Laos, Myanmar and Vietnam, says Arthit Wuthikaro, director-general of the Industrial Development Department.

“SMEs in other industry clusters will obtain the same support for expanding business abroad, notably in ASEAN, if they have strong business potential,” he said.