New Payment Rules Take Effect to Aid SME Cash Flow
New regulations limiting payment delays to suppliers take effect today in Thailand, aiming to improve cash flow for SMEs by addressing power imbalances with large buyers.
BANGKOK: New regulations limiting how long businesses can delay payments to suppliers take effect today (Nov 2), in a move aimed at improving cash flow for small and medium-sized enterprises (SMEs) and addressing imbalances in bargaining power between smaller operators and large buyers.