Post by account_disabled on Dec 23, 2023 20:00:14 GMT -8
Charoen Pokphand Foods Public Company Limited or CPF moves forward to help suppliers. Especially SME entrepreneurs through the Faster Payment project, reducing the credit term to no more than 30 days to enhance liquidity for small entrepreneurs. Push the Thai economy forward without interruption. Overcoming the COVID-19 crisis Stably Mr. Prasit Boonduangprasert The Chairman of the CPF Executive Board said that the company is ready to assist small entrepreneurs or SMEs by adjusting the debt repayment system to have a shorter period of time. Able to pay for goods and services to partners or suppliers Especially for SMEs within 30 days from the date of inspecting and receiving the product or service.
To help alleviate the impact of COVID-19 CPF has business partners who are SMEs with registered capital not exceeding 5 million baht and approximately 6,000 individuals, covering the operations of the Telegram Number Data company, subsidiaries, stores and product brands, including CP, CP Freshma. Art, Five Dao, Chester, Doug Galby, and CP–HiLai all gave the same opinion that the project would proceed. Very useful In terms of creating liquidity for small entrepreneurs Enabling entrepreneurs to plan their business The money can be reinvested and paid for various factors. Help develop the capabilities of the company's partners to grow together. It also creates money to circulate in the Thai economy. and help reduce layoffs From the problem of employers lacking liquidity, Mrs. Narumon Saengmanee, Managing Director of DMP Uniform Co., Ltd. (DMP Uniform Co., Ltd.), Saraburi Province Manufacturer of uniforms for the food industry nationwide. and having CPF as the main customer during COVID-19, said that normally CPF has a fixed credit term.
The more there is the Faster Payment project, the more liquidity will be improved and SMEs can plan their work better. There is money to be paid to suppliers in the supply chain. SMEs%2B30%2Bdays “CPF comes to help solve the problem. without asking It is very impressive,” Mrs. Narumon said, adding that The company suffered a 40% drop in orders during the outbreak. Even though November orders are starting to come back. But sales are still 10-20% lower than before COVID-19 because many customers are trying to reduce production costs by not ordering new ones. Instead, it will be sent for repairs. Mr. Niwat Mee-ngam, managing director of Phurin Green Foods Products Company from Chiang Rai, which supplies peeled garlic cloves to CPF, said that the company's product orders have decreased by 50%. % From the COVID-19 situation, CPF's Faster Payment project helps increase liquidity in purchasing raw materials from farmers.
To help alleviate the impact of COVID-19 CPF has business partners who are SMEs with registered capital not exceeding 5 million baht and approximately 6,000 individuals, covering the operations of the Telegram Number Data company, subsidiaries, stores and product brands, including CP, CP Freshma. Art, Five Dao, Chester, Doug Galby, and CP–HiLai all gave the same opinion that the project would proceed. Very useful In terms of creating liquidity for small entrepreneurs Enabling entrepreneurs to plan their business The money can be reinvested and paid for various factors. Help develop the capabilities of the company's partners to grow together. It also creates money to circulate in the Thai economy. and help reduce layoffs From the problem of employers lacking liquidity, Mrs. Narumon Saengmanee, Managing Director of DMP Uniform Co., Ltd. (DMP Uniform Co., Ltd.), Saraburi Province Manufacturer of uniforms for the food industry nationwide. and having CPF as the main customer during COVID-19, said that normally CPF has a fixed credit term.
The more there is the Faster Payment project, the more liquidity will be improved and SMEs can plan their work better. There is money to be paid to suppliers in the supply chain. SMEs%2B30%2Bdays “CPF comes to help solve the problem. without asking It is very impressive,” Mrs. Narumon said, adding that The company suffered a 40% drop in orders during the outbreak. Even though November orders are starting to come back. But sales are still 10-20% lower than before COVID-19 because many customers are trying to reduce production costs by not ordering new ones. Instead, it will be sent for repairs. Mr. Niwat Mee-ngam, managing director of Phurin Green Foods Products Company from Chiang Rai, which supplies peeled garlic cloves to CPF, said that the company's product orders have decreased by 50%. % From the COVID-19 situation, CPF's Faster Payment project helps increase liquidity in purchasing raw materials from farmers.