Thai companies must do more

TUESDAY, DECEMBER 25, 2012
Thai companies must do more

Only two thirds of large corporations in Thailand are able to cope with upcoming intense regional competition, said Kasikornbank Executive Vice President Vasin Vanichvoranun.

 

At the press conference on 2013 corporate business outlook, he recommended Thai companies focus more on production process enhancement, R&D to add product value and ASEAN market penetration. 
The bank expects loans to large corporations to grow 4-6 per cent in 2013, while fee-based income from the business to increase 17 per cent.