Discussion and Analysis For 2Q20 and 6M20 P a g e | 9 2020 Outlook The COVID 19 epidemic has severely affected the global tourism industry. The announcement on travel restrictions and closures of airports and
E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...
restaurant and convenience store businesses to encourage consumers to spend via QR code in lieu of cash, the launch of full-service K CONNECT-LG to enable customers to issue or renew a letter of guarantee and
sector contracted sharply due to international travel restrictions. Therefore, the Thai economic recovery would take time to return to pre-pandemic levels. The first nine months was a challenging period
Rama 2 Soi 54 Rd., Samae-Dam, Bang Khun Thian, Bangkok 10150 Tel. 02-897-8888, 02-897-8800 Fax. 02-897-8890 5.1.2) Guarantee Fee (Letter of Guarantee) Guarantee Fee 1 % per annum of Collateral’s value
franchise model. Such initiative reflects in the recent partnership with Lagardere travel retail, a pioneering global leader in the travel retail industry including duty free shop and retail stores in
the countermeasures taken by the government to control social gathering activities, including travel restrictions and the closure of venues considered high-risk areas, the Thai economy in 2020 is
Guarantee (“LG”) from one local commercial bank to guarantee the usage of electricity in production process of the Company. The tenor of first SBLC is 9 months and able to rollover for the whole tenor of main
support cash conversion. In addition, it was found that there are solicitors who promise or guarantee high returns from such ICOs investment in the form of Ponzi scheme, luring investors into quick, ill
investors’ protection against fraud, SEC-approved offer of digital tokens does not guarantee success, prices or returns of fund-raising projects. Investors may suffer losses or find limited choices in