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Bangkok Post
Bangkok Post
Business

Rubber deal set to boost Thai firms in global market

The Finance Ministry, in collaboration with the Thai Chamber of Commerce and the Rubber Authority of Thailand, has signed a letter of intent for the Capital Flow in Rubber Industrial Estate project to boost the international competitiveness of entrepreneurs in the rubber supply chain.

Exports of rubber and rubber products total more than 680 billion baht per year, with over 6 million people involved in the supply chain from upstream to downstream, including farmers.

The collaboration between the chamber, the Thai Board of Trade, the Rubber Authority of Thailand, the Thai National Shippers' Council (TNSC) and the Thai Credit Guarantee Corporation aims to enable access to capital for entrepreneurs, especially small and medium-sized enterprises in the Thai rubber industry.

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