%) on a slower-than-expected recovery of the tourism sector. For the full year 2020, the Thai economy is projected to contract significantly and face several downside risks including (1) the prolonged

still exhibit a decline of 2.2%. Although the economy is showing signs of recovery in many areas, factors that still need to be monitored include 1) the continuing trade tensions between the US and

service sector from tourism related. Non-durable and semi-durable goods also showing signs of recovery supported by the increase in farm incomes. Meanwhile, private investment also started to improve for

the company achieved expansion loans target while the domestic economic recovery. The total income was 839.71 million baht, an increase of 92.04 million baht or 12.31%. Interest expenses were 222.13

the company achieved expansion loans target while the domestic economic recovery. The total income was 839.71 million baht, an increase of 92.04 million baht or 12.31%. Interest expenses were 222.13

the company achieved expansion loans target while the domestic economic recovery. The total income was 963.01 million baht, an increase of 123.30 million baht or 14.68%. Interest expenses were 219.50

the company achieved expansion loans target while the domestic economic recovery. The total income was 963.01 million baht, an increase of 123.30 million baht or 14.68%. Interest expenses were 219.50

with its major trade partners, especially China. This factor is set to have an impact on the world’s economic recovery over the remainder of this year. The World Economic Outlook of the International

a more accommodative stance to shore up the economic recovery, in the wake of its policy rate reduction to 1.50 percent in the August 7, 2019 meeting. Thailand Economic Growth Sources: Office of the

personal expenses and the depreciation because of the expanding capacity of subsidiaries. Sincerely yours, (Mr.Pongpat Patanavanich) Managing Director