“Right before the economic crisis, Thailand had the biggest potential for the air conditioning business,” Heo says. However, the unfolding economic crisis sapped demand from the market, damaging Emerson’s prospects in the country. “At that time, we had already hired roughly 400 workers in one year, but as the crisis occurred, demand for our products plummeted,” he says. “Despite the drastic fall in demand, we kept our employees and avoided making our workers redundant,” he says. They knew that we cared and that we did our best to keep them employed and supported them during an economic crisis,” Heo says.

Source: The Nation Bangkok May 24, 2019 18:05 UTC