Thai Government Partners with Major Platforms to Reduce SME Costs
Starting December 1, the Thai government will collaborate with three major online platforms to lower Gross Profit (GP) fees for six months, aiming to support 1.2 million SMEs.
According to a report by Thai Post, the Thai government has initiated a public-private partnership to reduce Gross Profit (GP) fees on three prominent online platforms. This measure is designed to assist approximately 1.2 million small and medium-sized enterprises (SMEs) in lowering their operational costs. The initiative is scheduled to commence on December 1, 2026, and will remain in effect for a duration of six months.
For residents and business owners in Thailand, this policy is expected to alleviate financial pressure on local vendors who rely on digital marketplaces for their sales. The government projects that this intervention could generate an additional 1.93 billion baht in revenue for the participating businesses.
While the government has announced the start date and the expected economic impact, several details remain to be confirmed. Specifically, the names of the three participating platforms have not been publicly disclosed in the initial report. Furthermore, it remains to be seen how individual SMEs can apply for or automatically receive these fee reductions. Stakeholders are advised to monitor official government announcements for further instructions on how to benefit from this cost-saving program.
