Business Services Industry

Thailand Perfume-Maker Is an Example to Other Small Businesses.

Knight Ridder/Tribune Business News, April, 2002

By Cholada Ingsrisawang, Bangkok Post, Thailand Knight Ridder/Tribune Business News

Apr. 12--Anyone looking for a true example of "Made in Thailand" could do worse than to look at Udorn Sunshine perfume. Developed from a special orchid breed years ago, the perfume has been able to carve out a small, but respectable niche in international markets.

Financing came not from any local bank, but from the Small Industry Finance Corp, a state-agency set up specifically to help small and medium-sized enterprises.

What is more surprising to Chotsak Asapaviriya, a SIFC executive director, is that dozens of other local projects could meet with similar marketing success with the right support.

"Actually, the SIFC took a long time to approve...

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