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The Organizing of CICA Business Forum and SMEs Networking InterContinental Bangkok Hotel 30-31 March 2011 Bangkok, Thailand. “ Promote, Support & Assist the SMEs ”. Economic Health of Thai Economy Current Profile of Thai SMEs Plan, Strategy & Tool for SMEs Promotion - PowerPoint PPT Presentation
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The Organizing of CICA Business Forum and SMEs Networking
InterContinental Bangkok Hotel30-31 March 2011Bangkok, Thailand
““Promote, Support & Assist the SMEsPromote, Support & Assist the SMEs””
Presentation Topics
1. Economic Health of Thai Economy
2. Current Profile of Thai SMEs
3. Plan, Strategy & Tool for SMEs Promotion
And the Refocusing of SMEs Promotion Policy
4. Provisional Programme for CICA Business Forum & SMEs Networking
5. Administrative Arrangements
22
Economic Health of Thailand
Bank of Thailand projects the Thai economy to grow robustly from early 2011 onwards on the back of private spending.
The role of both private consumption and investment in driving the economy will become more evident once the impacts of the adverse transitory factors abate.
This outlook is supported by indicators in 2010 Q4, which pointed toward resilient demand. Furthermore, the improvement in exports following the global recovery should also lend additional support to growth.
33
The Monetary Policy Committee (MPC) announced in the January 2011 issue of the Inflation Report on 21 January 2011 on economic condition as following:
Condition of Thai Economic Factors
44
1. Demand for Thai exports is revised up slightly in 2011 mainly attributable to the improved prospects of the US economy, with a strong momentum sustaining well into 2012.
2. The Fed funds rate is anticipated to rise in 2011 Q3, 3. Regional currencies will appreciate more.
4. Direct government spending for fiscal year 2011 is revised upwards,5. The Dubai oil price assumption is raised throughout the forecast
period.6. Agricultural prices will rise gradually over the period ahead, 7. The daily minimum wage assumption is revised up to 215 baht in
2011, before rising to 226 baht in 2012, in line with the economic growth and higher inflation going forward.
National Board of SMEs Promotion1. Demand for Thai exports is revised up slightly in 2011 mainly attributable to the improved
prospects of the US economy, with a strong momentum sustaining well into 2012. 2. The Fed funds rate is anticipated to rise in 2011 Q3, similar to the previous assumption, as some
fragility and delay in the US economic recovery are still conceivable 3. Regional currencies will appreciate more against the US dollar throughout the projection period in line with latest data and strong growth prospects in Asia.
4. Direct government spending for fiscal year 2011 is revised upwards, mostly because of the reclassification of some transfer payments into consumption spending. Both consumption and investment expenditures in fiscal year 2012 will then rise from the preceding fiscal year following the budget expansion.
5. The Dubai oil price assumption is raised throughout the forecast period, in tandem with upward demand pressure coming from the unusually cold weather and the rising global demand. Going forward, the Dubai crude price will continue to edge up following the acceleration in demand from emerging market countries. As a result, the Dubai oil price will average at 91.3 and 98.1 US dollars per barrel in 2011 and 2012, respectively.
6. Agricultural prices will rise gradually over the period ahead, with pressure from both a negative supply shock due to last year’s flood and firming domestic demand. Climate factors and natural disasters also lead to a substantial upward revision in non-fuel commodity prices, mainly through the upswing in prices of food, beverages, and agricultural raw materials. In addition, the continued capital inflows into commodity markets also contribute to the upward pressure. This view is consistent with the IMF’s forecasts of a sizeable surge in prices of food, beverages, and agricultural raw materials over the short horizon.
7. The daily minimum wage assumption is revised up to 215 baht in 2011, before rising to 226 baht in 2012, in line with the economic growth and higher inflation going forward.
44
Condition of Thai Economic Factors
Number ofEnterpriseNumber ofEnterprise
Employment(Person)
Employment(Person)
GDP(Million Bt.)
GDP(Million Bt.)
Export Value(Million Bt.)
Export Value(Million Bt.)
LEsAnd Others
SMEs
Micro EnterprisesOTOP
2,896,106
(99.8%) 9,701,354
(78.2%)3,417,86
0 (42.73%)
2,900,759
12,405,597
7,998,151
5,199,912
4,653 (0.2%)
2,704,243
(21.8%) 4,156,704
(51.97%)
1,589,199
(30.56%)
Total
Current Profile of Thai SMEs, 2009
1) GDP in the figure was only the non-agricultural sector, accounting for 88.4% of the overall and 5.3% of which represented other types of enterprises unable to identify their size. 2) GDP of agricultural sector was 1,052.564 mln. bt or 11.6% of overall GDP.3 ) Export value of 3.58% was from export transactions unable to identify the exporter size.
3,424,579
(65.86%)
55
Structure of Gross Domestic Product, 2009
66
Agriculture sector 11.6 %
Non-
agriculture
sector
88.4 %
LE
45.9 %SMEs
37.8 %
Others
4.7 %
Source: The Office of the National Economic and Social Development BoardComplied by: The Office of Small and Medium Enterprises Promotion (OSMEP)
Foreign Trade Value of SMEs, 2007-
2009
77
Trade in Baht 2007 2008 2009
SMEs EXPORT 1,575,971.60 1,691,144.90 1,589,199.87
SMEs IMPORT1,452,734.40 1,771,502.00 1,377,740.25
SMEs BALANCE 123,237.20 -80,357.10 211,459.62
SMEs TRADE 3,028,706.00 3,462,646.90 2,966,940.12
SMEs EXPORT GROWTH (%)
8.47% 7.36% - 6.03%
SMEs IMPORT GROWTH (%)
-16.4% 21.9% - 22.24%
Source : Thai Customs DepartmentCompiled : The Office of Small and Medium Enterprises Promotion (OSMEP)
Thailand’s Plan, Strategy and Toolfor SMEs Promotion
&The Refocusing of SMEs Promotion Policy
2nd SMEs Promotion Master Plan (2007-2011)
Vision: SMEs to Grow with Sustainability & Strength
Intellectual
Infrastructure
Network&
Alliance
Productivity
Competitiveness
Strategy 1: Create new entrepreneur and develop the capability of existing entrepreneursStrategy 3: Increase the efficiency and reduce impediment in trading sectors
Strategy 4: Promote the Capability on Value Creation in Services Strategy 5: Promote SMEs in Regional and Local Areas
Strategy 2: Upgrade Manufacturing SMEs Strategy 6 :
Create business environment and enabling factors
11
OSMEP’s Tool for SME Promotion
Skills & Competency
building
Capacity Building
Financing
Support
Market Accessibility
■ Incubation
■ Mentorship
■Consultancy
■ Business
Coaching
& Training
■ SME University
■ iSMEs
■ Machine Fund■Internation-alization Fund
■ Intellectual Property Fund
■ Consultancy Fund
■ Venture
Capital
Fund
■ Business
Matching
New Growth Strategic for SMEs Promotion
Strengthen up SMEs to Sustainability
♦ Efficiency & Productivity♦ Adding Value in Products & Services♦ Capital Access Opportunity♦ Enabling Factors Favorable to Entrepreneur’s Business Conduct♦ Manufacturing Development to International & National Standards
Grassroots IncomeGeneration &
Econ. Capability
Promote Economic Linkages
♦ Start-ups & New Enterprises♦ SME’s Capability & Locality’s Core Competency♦ OTOP Upgrading to SMEs♦ Networking Development ♦ SMEs in Creative Economy
♦ New Marketing Channels♦ Knowledge Build-up for SMEs♦ SMEs in Opportunity from FTAs and AEC ♦ SMEs to Cope with Negative Impact of New Regional Factors
New Growth Strategic for SMEs Promotion
Strengthen up SMEs to Sustainability
Grassroots IncomeGeneration &
Econ. Capability
Promote Economic Linkages
Target Industry
• Food and Beverage• Textile• Furniture & Wood Products• Chemical Products• Hotel & Related Businesses• Cultural Tourism• Retail – Wholesale Businesses
Target Industry
To Create Businesses of New Paradigm , i.e.
• Social Enterprise • Creative & Design Business• New Media Business• Entertainment Business• Focusing on Local & Regional SMEs
Target Industry
• Food and Beverage• Textile• Handicraft• Gem & Jewelry• Agricultural Machinery• Plastics Products• Furniture • Creative & Design Business
3rd SMEs Promotion Master Plan, 2012-2016
GREEN GROWTHAnd
CREATIVE ECONOMYto be highlighted in
the 3rd SMEs Promotion Master Plan
Via the Tool of
Networks of Cross-border SMEs
3rd SMEs Promotion Master Plan, 2012-2016
Networks of Cross-border SMEsTarget Group of Businesses :
• Service Business – cultural tourism, health care, beauty care• Food Business – halal, cultural food, food supplement, processed food• Agricultural Product – cultural tourism, health care, beauty care• Agricultural Machinery • Real Estate Development
Target Group of Countries: CICA member counties
Network Building among CICA’s SMEs
• Exchanging of knowledge: * Workshops* Intensive Incubation programmes
done by experts and governmental officers• Business Matching•Establishing of CICA Value Chain Based on the cooperation of Capability Development, Competiveness Upgrading in full circuit of operation including production, design, raw material exchanges management know-how, business development, etc.
The Arrangements ofCICA Business Forum & SMEs Networking
Responsible AgencyThe Office of SMEs Promtion, Thailand
Duration2 Days (30-31 March 2011)
Activities 1. Business Forum and Business Matching for SME Network
building 2. A Meeting of CICA Sub-economic Dimension Group
The Arrangements ofCICA Business Forum & SMEs Networking
Objective
1. To provide information and share experience of SMEs promotion in Thailand
2. To share best practices of SMEs among the CICA member states in various sectors
3. To promote networking and establish business ties among CICA member states
4. To provide an opportunity for the CICA economic development authorities to exchange views and suggestions for SMEs development strategies in CICA member states
5. To encourage business matching opportunities with the aim to promote SMEs network building as enabling factor for sustainable growth
Activities
1. CICA Business Forum and SMEs Networking, which will provide opportunity for participants from CICA member states to learn and share their views and experiences in SMEs development
2. A meeting of CICA Sub-economic dimension group, which will provide opportunity for the relevant governmental authorities of CICA member states in SMEs development to brainstorm the SMEs development strategies and to establish their networking
3. Business matching with the aim of SMEs network building4. Industrial site’s visit
Provisional ProgrammeCICA Business Forum and SMEs Networking
InterContinental Bangkok Hotel30-31 March 2011, Bangkok
DAY 1: Wednesday, March 30, 201108:30-09:00 Registration
09:00-09:45 Opening Ceremony• Opening Remarks by Mr. Trairong Suvanakiri, Deputy Prime Minister • Welcome Speech by Mr. Yuttasak Supasorn, Director-General of the Office of SMEs Promotion• Remarks by Mr. Cinar Aldemir, Executive Director of the Secretariat of CICA• Photo session
DAY 1: Wednesday, March 30, 2011 (Cont’d)
09:45-11:00 Session I: Presentation – Thailand Experience • Overview and Trends of Thai SMEs (OSMEP) • Business Environmental Management for SMEs
(BOI) • Financing SMEs (SMEs Bank) • Promoting SME Development in Services Sector
(MOC)
11:00-11:20 Coffee Break & Visit to Sponsors’ Exhibition
11:20-12:00 Session II: Presentation – Forging Business Ties for Network Building:
Challenges and Promising Opportunities by Speakers/Resource Persons from CICA Member
States• Financial Assistance in SMEs Development
(Korea) • SMEs Development (TBC) • A contribution from Mr. Victor Ermakov CEO of the SMEs Promotion of Russian
Federation
12:00-13:30 Luncheon
DAY 1: Wednesday, March 30, 2011 (Cont’d)
13:30-15:30 Session III: Presentation (Continued) • Tourism (tbc) • Agriculture/Food (tbc) • Industry (tbc) • Energy (tbc) • Human Resource Development (tbc)
15:30-15:45 Coffee Break
15:15-15:45 Business and Investment Opportunity of Thailand by Secretary General of the Board of Investment
15.45-16.30 Forum Wrap-up
16.30-17:00 Press Conference
18:30-20:30 Visit SMEs Pavilion & Welcoming Dinner
DAY 2: Thursday, March 31, 2011
08:30-09:00 Registration
09:00-11:30 Meeting of CICA Sub-Economic Dimension Group
09:00-11:30 B to B Business Matching and Possible MOU Signing
11:30-13:00 Luncheon
13:00-17:00 Industrial Site’s Visit / Excursions • Food Factory • Spa • Machinery Refitting
Draft Agenda CICA Business Forum and SMEs Networking
InterContinental Bangkok Hotel30-31 March 2011, Bangkok
AdministrativeArrangements
VENUE & Facilities
InterContinental Bangkok Hotel, a 5-
stars located at the center of the
business and commercial districts of
Thailand’s capital. The place is fine
with a wide range of shopping and
other facilities within easy walking
distance, while access to other parts
of Bangkok is fast and efficient by
Skytrain, the nearest station being
steps from the hotel’s entrance.
Meeting Venue InterContinental Bangkok Hotel
973 Ploenchit Road, Bangkok 10330, Thailand • Tel - -6626:+
560444
• - - 6626560555Fax:+ • [email protected]
Conference Hall
Technical capabilities include category 6 infrastructure, LED Intelligent Lighting system that projects up to 16 million colors, 70 pin spotlights, video streaming and recording throughout the hotel, chiffon pillars, satellite, video-conferencing, moving projection systems, and centrally controlled computer enhanced display LCD screens.
GUESTROOMS offered at Grande Deluxe (Single) : Baht 5,300 net /room /nightor € 130 net /room /nightNUMBER OF ROOMSInterContinental Bangkok provides 381 guest rooms, including Club
TYPES OF ROOMSGrande Deluxe (45 sqm.) Executive Deluxe (45 sqm.)Club InterContinental (45 sqm.) Corner Suite (67 sqm.)Club InterContinental Suite (67 sqm.)Premier Suite (70 sqm.) Executive Suite (90 sqm.) Ambassador Suite (100 sqm.) Diplomatic Suite (150 sqm.)Royal Suite (250 sqm.)
: 225 rooms: 40 rooms: 77 rooms : 6 rooms: 27 room : 1 room : 1 room: 2 rooms : 1 room: 1 room
GUESTROOMS
offered at
Standard (Single) :
Bt 3,600 net /room /night
or € 87 net /room /night
Alternative Accommodation Holiday Inn Bangkok
(Next to InterContinental Bangkok Hotel)
Facilities & Arrangements
Participants are provided with:
Venue: • Conference Room
• Function Room
• Business Matching Booth
Transfer: • Airport – Hotel – Airport
• All Site Visits
Meals: • Breakfast of Both Days • Lunch of Both Days
• Welcoming Dinner
Excursion: • A visit to historical and tourist famous
destination with professional tourist guides
Expected Outcome
1. The participants will gain knowledge on SMEs promotion of Thailand
2. The participants can exchange experiences on SMEs development of the member states in various sectors
3. The participants will obtain opportunities for business networking among the member states of CICA
Contact Person: Mrs. Rasmi Hanvajanavong Chief of International Relations Division The Office of SMEs Promotion, Thailand Tel. (66 2) 2788800 Ext. 244 Fax. (66 2) 273 8850 Email: [email protected]
Mr. Wachira KaewkorDirector of the International Affairs BureauThe Office of SMEs Promotion
TST Tower, Fl 1821 Vibhavadi-Rangsit RdJatujak, Bangkok 10900ThailandTel. 66 2278 8800 ext.404Fax. 66 2273 [email protected]
Thank you