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Monday, May 13, 2024

Saha Group shifts focus to service portfolio

Mr Vorayos says SPI set aside a budget of 2 billion baht this year to invest in various business ventures.

Amid intense competition in the production sector, Saha Group, a leading consumer goods conglomerate, is emphasising the service business.

As part of its strategy for this year, the group teamed up with Tokyu Corporation of Japan to develop its first mixed-use complex.

“Thailand’s production sector, including textiles and leather goods, has encountered fierce competition from key rivals such as Vietnam and China. Various factors, notably labour costs, have contributed to a loss of competitiveness in these industries,” said Vorayos Thongtan, executive director and vice-president of investment and corporate strategy at Saha…

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