SMEs given insight on construction industry at Kasikorn seminar

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Small- and medium-sized enterprises literally looking to build their businesses obtained education and services at Kasikorn Bank’s Construction Solutions for SMEs seminar in Pattaya.

Bank Assistant Managing Director Phiphawat Phattranawik opened the May 27 expo at the Holiday Inn Pattaya.

Construction-related companies hosted booths on building programs and sold books to old and new contractors. Meanwhile, the bank provided advice on investments for small- and medium-sized businesses.

Phiphawat Phattranawik, assistant MD of Kasikorn Bank, welcomes customers to the event.Phiphawat Phattranawik, assistant MD of Kasikorn Bank, welcomes customers to the event.

The event was organized to provide business knowledge for construction contractors, which is facing another challenging year in Thailand.

The K Research Center stated that Thailand’s economy within had shrunk 2.1 percent from the previous quarter. Uncertainty in politics is hampering the construction industry, the bank said.

The eastern region has the second-fastest growth rate in the country and bank officials said they are determined to help fuel business growth in the region.

Narongwet Wajonpanit, director of SCG Cement & Building Materials Co., provided an update on construction trends while Veerachai Pathomnetikul, the bank’s SME merchandising manager gave his perspective on the construction industry.

Jakraporn Unjit, director of the Construction Institute of Thailand, hosted a panel on Adapting Strategies for Construction Businesses. Meanwhile, Pratheep Theepsukkrasem, managing director of Chonburi Concrete Products, and Somchai Somjit, managing director of Poseidon Associates Group, lectured on learning to adapt to the current crisis.

Apart from the seminars, the event included awards from the bank and partners.