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Bangkok Post (Bangkok, Thailand)

| June 03, 2005 | COPYRIGHT 2005 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Jun. 3--The SME Bank, Krung Thai Bank and the Export-Import Bank of Thailand will join hands to help reduce export expenses for small businesses, Finance Minister Somkid Jatusripitak said yesterday.

He said small companies often faced numerous obstacles and costs in international markets, such as the need to pledge bonds and guarantees.

The three state-owned banks would work together to seek ways of helping cut business costs for small exporters to the same levels of larger companies, he said.

Shrimp exports, for instance, had declined in the first quarter of the year due in part to increased requirements imposed by some importing countries.

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