investment projects were postponed to 2019. As the momentum from the above mentions, the Bank of Thailand maintained Thailand economic growth forecast for 2018 at 4.4% (as of September 2018). However, the
tourists from other major nationalities continued to expand. The Bank of Thailand revised down Thailand economic growth forecast for 2019 to 3.3% (as of June 2019); compared to previous assessment at 3.8
of Thailand and NESDB, overall Thai economy in 2017 expanded by 3.9%, higher than 3.3% growth in 2016. This was mainly from acceleration of private consumption, export sector, and private investment in
by 3.2%, higher than 2.9% growth in 2015, according to data from Bank of Thailand and NESDB. This was mainly from acceleration of government expenditure and the recovery in both of farm income and
invest in Strategic Growth Projects both in Thailand and overseas, mainly to expand new stores of Thai Watsadu, Robinson Lifestyle Centers, Tops Market, and GO! Mall.
footprint in Vietnam market On 21 January 2020, MACO, through VGI MACO (Singapore) Private Limited1 (“VGIMS”), announced to expand its footprint into the Vietnam market – a high growth potential country
reduce degree of reliance on energy drink market in Thailand; and Pursue growth in revenue from sales and accomplish appropriate rate of return on investments in the long run 9. Source of Funds Source of
high potential growth regions of the UK and other overseas markets outside Asia; Diversify source of revenue flows and reduce degree of reliance on energy drink market in Thailand; and Pursue growth