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Bangkok Post

Business

Looking for a business U-turn

Thailand Post Dhanant Subhadrabandhu Chaiwut Thanakamanusorn

Thailand Post is gearing up for an operational overhaul to stay competitive in the hotly contested market.

Amid fierce competition in the parcel delivery business, surrounded by financially strong foreign operators, state enterprise Thailand Post has realised it needs to revamp its business.

The company is pursuing a major transformation called "360-degree turnaround milestone" to prepare for competition and achieve a sustainable revenue stream.

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