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Thailand: Small firms ‘must adapt to new era’

Thai small and medium-sized enterprises (SMEs) are being urged to brace themselves for disruptive technology and integrate technology in their business models to keep them ahead of the curve after latest findings suggest they are losing competitiveness. According to Bank of Thailand governor Veerathai Santiprabhob, disruptive technology is presenting a strong challenge to SMEs. Compared […]

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Philippines: Retailers post higher profits in 9 months

MANILA, Philippines — Retailers reported higher earnings in the nine months to September. In separate disclosures, SSI Group, the country’s largest specialty store retailer, said net income rose 12 percent to P342 million while core recurring income, which excludes one-time write-offs related to the group’s store rationalization program, increased 13 percent to P444 million. SSI […]

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Thailand: Push for cross-border trade

Noriaki Goto, Krungsri President and CEO; Makoto Kobayashi, BTMU Managing Executive Officer and head of Financial Solutions Group; and Duangjai Asawachintachit, Secretary General of the Board of Investment recently signed a memorandum of understanding (MOU) in support of cross-border trades by Thai operators wishing to invest abroad as well as Japanese operators wishing to invest […]

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