largely to healthier growth of exports and tourism, especially in the first half of the year. Meanwhile, the government continued to implement measures to promote and strengthen the domestic economy through
government sector introducing stimulus packages, which would cause demand for fuel consumption in the industrial and transport sector to increase. Moreover, the excess of crude oil supply trends to decrease
Governance Principles and government regulations to departments within KBank, K Companies and P Companies 7 3.2 Business Directions of KASIKORNBANK and the Wholly-owned Subsidiaries of KASIKORNBANK The Thai
3. Business Directions and Operations of Core Businesses 7 3.1 Sustainable Development and Corporate Governance 7 3.2 Business Directions of KASIKORNBANK and the Wholly-owned Subsidiaries of
was 17.96 percent, with a Tier 1 capital ratio of 15.66 percent. The operating performance of the wholly-owned subsidiaries of KBank was also satisfactory in terms of quantity and quality due to the
and 4.) other supporting factors, namely government spending to support the low-income citizens and other short-term stimulus packages, as well as private investments to support the increase in
) (Highway No. 9), the government agencies, together with nearby department stores. Thus, such land can be developed for the future commercial purposes. In addition, it was of the opinion that the land
subsidiary indirectly owned by the group, which owns 55.8% of Galoc field, with Tamaarind Galoc Pte. Ltd. 9. Share of profit of associated companies in the amount of THB 23 million, consisting of 1.) THB 25
.) Government spending and investment in infrastructure despite a lower rate of growth due to the delay of government establishing and pending promulgation of 2020 capital expenditure 3.) growth in private