challenges and opportunities of smes in fealac’s
TRANSCRIPT
Dr. Wimonkan Kosumas
Deputy Director-General, Office of SMEs Promotion
Challenges and Opportunities of SMEs in
FEALAC’s Digitalizing Economies
Thailand’s Digital Economy
Thailand’s Digital Economy
Thailand
Digital Economy
Ministry Of
Digital Economy and Society
Bank Of Thailand
Ministry Of Finance
Ministry Of Industry
Minister Of Commerce
Office of SMEs
Promotion
Digital Economy Promotion Agency
Payment system
Promotion
Ministry Of Digital Economy and Society : MDES
Thailand’s Digital Economy
Thailand’s Digital Economy
Ministry Of Digital Economy and Society : MDES
Develop the base for digital economy.
Develop and promote digital economy and society in order
to increase the country’s competitiveness and to heighten
the people’s well-being.
Promote creating of digital services.
Promote and build up the efficiency of meteorology’s
management and warning with digital technology.
Thailand’s Digital Economy
Digital Thailand
Source : Pichet Durongkaveroj, Minister of Digital Economy and Society
Digital Thailand
Source : Pichet Durongkaveroj, Minister of Digital Economy and Society
Digital Thailand
Source : Pichet Durongkaveroj, Minister of Digital Economy and Society
Digital Thailand
Source : Pichet Durongkaveroj, Minister of Digital Economy and Society
Digital Thailand
Source : Pichet Durongkaveroj, Minister of Digital Economy and Society
Digital Thailand
Thai Digital Economy
Source : Pichet Durongkaveroj, Minister of Digital Economy and Society
Fiber to the home
Thailand’s Digital Economy
Transformation Funds for SME and Mini Voucher
- Artificial Intelligence
- Machine Learning
- Intelligent Applications
- Internet Of Things
Intelligent Technology
- Virtual Reality
- Digital Twin
- Block Chain
Digital Technology
- Digital Platform
- Mesh Applications and
Service Architecture :
MASA
- Adaptive Security
Integration Technology
Source : Digital Economy Promotion Agency (depa)
Conceptual Plan
Digital Transformation
Maximum $1,600 (5,0000 Baht)/SME
1 year
Maximum $32,600 (1 million Baht)/SME
3 year
Grant
T1
T2
Thailand’s Digital Economy
- $ 327 (10,0000 Baht)/SME
SME
- each company sells
to SME not over
20% of total coupons
Digital Provider
Source : Digital Economy Promotion Agency (depa)
Coupon for transformation software
- $ 327 (10,0000 Baht)
/famer
Farmer
Source : Digital Economy Promotion Agency (depa)
Northern
Coupon Grant
Central
Northeast
Southern
Eastern Economic Corridor
CouponGrant
Grant
Coupon
Coupon
Grant
Grant
Coupon
Coupon
Grant
Thailand’s Digital Economy
SME GO ONLINE
Promote and develop e-market platforms
SME & OTOP transformation
SME GO ONLINE
Platform for SMEs to reach broader market
SME GO ONLINE
e-Commerce Market Value
Thailand’s Digital Economy
78,929
90,007
2017 2018
B2B54%B2C
28%
B2G18%
Million USD
Source : Electronic Transactions Development Agency (ETDA)
SMEs 17,344 Million USD
Million USD
Software Market Value in 2017
Thailand’s Digital Economy
Source : Digital Economy Promotion Agency (depa)
391
878
Production value Import value
31%
69%
1,269 Million
USDMillion USD
Million USD
66%
5%
22%
Thailand’s Digital Economy
Game Market Value in 2017
375USD
Million
Source : Digital Economy Promotion Agency (DEPA)
Distributor, Importer
and Licensing Agents
Outsourced
Service
Providers
IP Owners
PromptPay : Payment Innovation
For merchants
Be able to receive both domestic and international payments
Be able to accept funds from various payment instruments including
bank account, credit card, debit card, and e-wallet account with one
QR Code
Ease operational burdens and reduces business costs
For cross-border
payment
introduces better user experience for fund transfer services across
countries
strengthen the financial linkages between countries
the boom in tourism and trading within the region provides lot of
opportunities for growth in cross-border QR Code payments as an
alternative retail cross-border payment solution
Source: Bank of Thailand (BOT)
PromptPay : Payment Innovation
Source: Bank of Thailand (BOT)