Thailand's Commerce Ministry Enforces New Credit Term Rules to Boost SME Liquidity
The Standard - 전체
Key summary
The Thai Commerce Ministry is implementing new trade fairness regulations effective November 2, 2026, which mandate payment terms of no more than 30 days for initial agricultural products and up to 45 days for general business transactions. The rules aim to improve cash flow for Small and Medium Enterprises (SMEs), with estimates suggesting liquidity could increase by up to 750 billion baht if payment periods are reduced from 90 days to 45 days. Concurrently, the ministry is addressing platform fees and commissions to foster fair competition.
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Official source
The Standard - 전체
Read original ↗https://thestandard.co/commerce-ministry-credit-term-smes/