Bangkok--11 Dec--Siam Commercial Bank
Small and medium-size enterprises are the backbone of the Thai economy, and the best of them often perform as well as or better in key parameters than larger businesses. In recognition of these vital smaller companies, Siam Commercial Bank (SCB) and the Sasin Graduate Institute of Business Administration of Chulalongkorn University recently honored five outstanding local SMEs at the tenth annual presentation of the prestigious Bai Po Business Awards by Sasin. The award winners this year are President Automobile Industries Co., Ltd., Kanomthai Kao Peenong Co., Ltd., Thai Agricultural Machinery Co., Ltd., Thai Central Mechanics Co., Ltd., and Srichand United Dispensary Co., Ltd. The awards reflect the outstanding performance and strong future potential of these Thai SMEs. The award presentation ceremony was held at Siam Commercial Bank's Talad Noi Branch, and presided over by Mr. Anand Panyarachun, chairman of the Bank's Board of Directors.