% yoy with the growth for the passenger car segment and the commercial vehicle segment growing at 17.8% and 8.7% respectively. The Bank in-house research projected the new car sales for the year 2018 to
, approved projects. Our 2018 and 2019 projected EBITDA excludes announced acquisitions that are yet to be completed. With the recently announced acquisition of 550,000 tons PET facility in Brazil and joint
2019. For 2020, the Thai economy is projected to continue to be in a ‘low growth, low rates’ environment. Main headwinds include: (1) the weakness in global growth particularly the Chinese economic
promotional activities of car manufacturers. Based on the Bank in-house research, new car sales for the year 2017 is projected to increase by 8.0% with total sales of around 830,000 units. In the equity market
total tourist arrivals still exhibited a continuing decline of 4.3%. For the second half of 2019, the Thai economy is projected to remain subdued stemming from 4 risk factors 1) the continuing trade
a continuing decline of 4.7%. For the second half of 2019, the Thai economy is projected to remain subdued stemming from 4 risk factors 1) the continuing trade tensions between the US and trading
segment growing at 24.8% and 18.0% respectively. The Bank in-house research projected the new car sales for the year 2018 to be around 986,000 units, a growth of 13%. In the equity market, the average daily
segment growing at 22.8% and 18.1% respectively. The Bank in-house research projected the new car sales for the year 2018 to be around 986,000 units, a growth of 13%. In the equity market, the average daily
reduction to 241 THB/mmBtu in July (8% below Q2’2020 weighted average) while PTT projected that SPP gas price per unit would continually decline in the rest of the year. LNG Shipper license In Q2’2020