Insights

Building a Sustainable Business – 360 Degrees explores six key pillars for sustainable growth, combining strategic insights, best practices, and real-world examples to help businesses build resilience and thrive in an uncertain economy.

Building a Sustainable Business – 360 Degrees explores six key pillars for sustainable growth, combining strategic insights, best practices, and real-world examples to help businesses build resilience and thrive in an uncertain economy.

A great idea is worthless without the funds to bring it to fruition. One of the most underappreciated responsibilities of business leaders is to ensure adequate liquidity for each new endeavour that their companies embark upon. This task requires great insight into company operations and market patterns, as well as an excellent sense of timing, as the necessary cash must be available at the precise moment the organisation needs to access it. Whether a business is a well-established company or a fast-growing start-up, this principle holds true. Even the most seasoned organisations can falter if liquidity management is neglected, just as newer companies can fail to get off the ground without the right financial planning.

Our CEO & Managing Partner, Ian Pascoe and Associate Director, Neetika Mutreja have published an article in INSOL World Q3 2023. They discuss the Central Bankruptcy Court's Restructuring Framework, practical hurdles that impair the efficacy of the framework, proposed amendments, and much more.

The Thai economy continued to operate in a lower gear in the first quarter of 2021, but changing conditions indicate that better times are just around the corner.

Businesses need a clear plan of action to regain momentum in a COVID-19 world. Here we present six recommendations to help you embrace agility and business success in an uncertain future.

Strategy, loans, and formal protection can help businesses adapt to the new normal under COVID-19 – leading to a far more successful overall recovery.

COVID-19 has grounded thousands of planes, but the aviation industry can still take important steps to keep business alive.

Organisations must respond quickly to changing conditions during this health crisis, particularly with regard to cash management and business strategy. Our guide can help.

As a new and unpredictable decade dawns, the business world looks forward with its optimism largely intact, according to Grant Thornton’s latest International Business Report (IBR). Leaders in mid-market companies around the world delivered an average optimism score of 59% in H2 2019, a rise of 3% over the first half of the year. This modest improvement is an encouraging contrast to the two consecutive declines that preceded it, although there remains a long way to climb before reaching H1 2018’s high of 69% global optimism.

Much has been made of the Thai government’s commitment to developing a modern industrial base. In large part, the praise from the business community has been deserved. Concerted efforts include a range of initiatives, from a detailed program of BOI incentives, to the fast-tracking of business permits across industries, to the ambitious upgrades in infrastructure and government support that are making the Eastern Economic Corridor a highly promising region for manufacturing.

As for the GTCT, its beginnings may have seemed ordinary and lacking in promise – but the team now races regularly at a national level, holding its own against impressive competition. We at Grant Thornton Thailand will continue giving the team our sponsorship and support, rain or shine, as they progress through another exciting racing season.