EXIM Thailand Senior Executive Vice President said such financial facilities are intended to serve working capital requirements of Thai SME exporters wishing to expand their export markets while maintaining competitive financial costs. With these facilities, they can venture into new markets with confidence or trading in a larger volume without concerns about possible buyers' payment defaults and foreign exchange fluctuations. They can also manage their funding costs and profits as from the commencement date of sale contracts. In view of this, more time and resources can be devoted to their product development and expansion of markets.
Food and Drinks Plc. is a manufacturer and distributor of processed food and beverage under its own brand "ZUMMER" and other brands as an original equipment manufacturer (OEM). About 50% of its products are exported mainly to the CLMV such as Cambodia, and markets elsewhere, e.g. Australia, U.S.A., UK, the Netherlands, Japan and China.
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