thailandedition
Pimjai: Second Half Risks, 200 Billion Baht SME Procurement for MiT

Pimjai: Second Half Risks, 200 Billion Baht SME Procurement for MiT

Thansettakij•Economy•23d ago

Reader Briefing

The Federation of Thai Industries warns of escalating economic risks in the second half of the year, advocating for a 200-billion baht procurement increase for the "Made in Thailand" (MiT) initiative to bolster SMEs.

  • •Pimjai Leelhasarojkul, Chairman of the Federation of Thai Industries (FTI), highlighted significant economic challenges for Thailand in the latter half of the year.
  • •The FTI proposes increasing government procurement of "Made in Thailand" (MiT) certified products to 200 billion baht to support SMEs.
  • •Key risks identified include supply chain disruptions, rising energy costs, and competition from cheap imported goods.
  • •Advanced industries like semiconductors and data centers are seen as future growth drivers.

Overview

  • •On June 4, 2026, Pimjai Leelhasarojkul spoke at the '26th Anniversary of Nation TV' event.
  • •Pimjai Leelhasarojkul stated that Thailand's economy faces challenges from both domestic and international factors.
  • •Domestic purchasing power remains weak and household debt is high, making business and manufacturing recovery fragile.
  • •The FTI proposes increasing government procurement of MiT products to 200 billion baht in order to stimulate the economy and support SMEs.
  • •SMEs are expected to benefit from increased government procurement of MiT products, with a 5% price advantage in public tenders.
  • •Pimjai Leelhasarojkul warned of increased risks in the second half of the year, including supply chain issues, energy costs, and cheap imports.
  • •The FTI is pushing for the "Made in Thailand" (MiT) policy to be boosted to help businesses survive intensifying competition and weak consumer demand.
  • •The proposed increase in MiT procurement aims to create a robust digital ecosystem and AI economy in the long term.

Full article content is available on the original source.

Read on Thansettakij (Thai Version)View in Google Translate

Source: Thansettakij (Original)

Key Quotes

Pimjai Leelhasarojkul
"Under such uncertainty, the "Made in Thailand" (MiT) policy is a crucial tool to support Thai businesses and SMEs."
ภายใต้ความไม่แน่นอนดังกล่าว นโยบาย "Made in Thailand" (MiT) ถือเป็นหนึ่งในเครื่องมือสำคัญในการช่วยพยุงภาคธุรกิจไทยและผู้ประกอบการ SME
Pimjai Leelhasarojkul
"The FTI proposes the government increase MiT procurement to 200 billion baht to stimulate the domestic economy and support SMEs."
ส.อ.ท.จึงเสนอให้รัฐบาลเพิ่มสัดส่วนการจัดซื้อสินค้า MiT เป็น 200,000 ล้านบาท เพื่อช่วยกระตุ้นเศรษฐกิจภายในประเทศและต่อลมหายใจให้กับผู้ประกอบการรายกลางและรายย่อย
Pimjai Leelhasarojkul
"The second half of the year shows more concerning trends, especially supply chain risks, energy costs, and the influx of cheap imports."
ในช่วงครึ่งปีหลังมีแนวโน้มน่าเป็นห่วงมากขึ้น โดยเฉพาะความเสี่ยงด้านซัพพลายเชน ต้นทุนพลังงาน และการทะลักเข้ามาของสินค้านำเข้าราคาถูก

Key Entities

Person

Pimjai Leelhasarojkul(พิมพ์ใจ ลี้อิสสระนุกูล)
Chairman of the Federation of Thai Industries (FTI) who warns about economic risks and proposes policy measures.

Organization

Federation of Thai Industries(สภาอุตสาหกรรมแห่งประเทศไทย)ℹ️
The organization led by Pimjai Leelhasarojkul, advocating for policies to support Thai businesses and SMEs.
Nation TV(เนชั่นทีวี)
The media organization that hosted the event where Pimjai Leelhasarojkul made her remarks.
SME
Small and Medium-sized Enterprises, a key focus of the FTI's policy proposals to help them withstand economic challenges.
Board of Investment(BOI)ℹ️
Mentioned in reference to attracting semiconductor investments from China.

Policy

Made in Thailand(MiT)
A policy initiative that requires products to have at least 40% domestic raw materials or production, aimed at supporting Thai businesses and SMEs.
Thai Chuey Thai Plus(ไทยช่วยไทยพลัส)
A government economic stimulus measure mentioned as a key mechanism to alleviate living costs and boost purchasing power.