BANGKOK (The Nation/ANN): Startup companies in Thailand are suffering from liquidity problems due to lack of investments from overseas while domestic fund operators are being more cautious amid the economic contraction due to the Covid-19 outbreak.
Natthawut Pheungjaroenphong, founder and chief executive officer of Ookbee Co Ltd and operator of 500 TukTuks Fund, said that in the past six months there have been significantly fewer investments in new startup companies.
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