Kubota enters Cambodia

Siam Kubota Corporation (SKC), a leading farm truck maker, has partnered with Group Lease to enter the agriculture machine market in Cambodia. …

Mitsuji Konoshita, chief executive of Group Lease, said the partnership with SKC is a bid to extend leasing service to Kubota’s clients in Cambodia. He expects loans for Kubota in Cambodia to reach 500 million baht in the fourth quarter.

Group Lease has revised up its full-year loan growth target to 5.8 billion baht as foreign business increases.

The firm plans to provide leasing for 10,000-12,000 motorcycles a month this year, up from an average of 7,000 a month in 2012. …

Nuntawun Polkuamdee