Earlier this year, the Thai and Japanese governments signed a memorandum of understanding (MOU) to boost investment and cooperation between the two countries.
The MOU aims to enhance Thailand’s competitiveness and promote collaboration between Thai and Japanese small and medium-sized enterprises (SMEs), and follows an earlier pledge by Japan last year to expand investment in Thailand, especially in high-technology industries.
During my time in the country, I have observed that Thailand’s corporate culture is still grappling with paper-heavy back-office operations that should be fully digitized, especially invoices.
Fortunately, more Japanese tech firms are now following the lead of the two governments, including our own company, Sansan, a technology leader listed on the Tokyo Stock Exchange.
We are bullish on the potential of Thailand as an attractive market…
