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Thailand: Small retailers to get aid from government

The Thai government has announced a plan of supporting small retailers to boost the domestic economy.
   
Thailand: Small retailers to get aid from government ảnh 1Fish retail shops in Narathiwat province (Photo: AFP)
  
 Bangkok (VNA) – The Thai government has announceda plan of supporting small retailers to boost the domestic economy.

The Ministry of Commerce estimates some 400,000 traditional, retail businesses acrossthe country need a helping hand to change the current retail situation that arebeing dominated by big distributors.  

The new project will connect retail and wholesale communities, said BangjongjittAngsusingh, Director–General of the Ministry of Commerce’s Business DevelopmentDepartment.

Under the project, enterprises will be provided with training on businessmanagement, storage and stock management as well as shop image development, thedirector added.

She also noted that the department has helped about 20,081 local retail andwholesale firms, and about 5,454 retailers are expected to get aid this year tobecome growth engines for local economy.

In addition, the department has provided consultancy and skills for some shopsaround wholesale establishments in provinces. So far, the number of standardstores has reached 114 in 65 provinces. It aims to train 35 more shops toensure the scheme will cover all 77 provinces.

It also came up with an idea to train local wholesalers in skill development whenthey have their own trading network. Once these businesses get stronger, theywould be able to help develop small retailers and boost local economy.

As part of the government’s effort to reduce living cost, the department hasencouraged producers to scale down prices of some products under the “PracheRath: Low Cost of Living” Project.

Accordingly, large manufacturers have agreed to reduce 15 – 20 percent for 18essential products such as shampoo, soap, canned fish and instant noodles. Thediscounted goods will be sold to the local community at traditional retail andwholesale shops from April. –VNA 
VNA

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