) expects the Thai economy to contract by 6.7 percent. The main factors driving the economic downturn are the contraction in exports of services, predominantly tourism revenues following the sharp fall in the

rates and a shift to reduction of its massive balance sheet through quantitative tightening (QT), wherein reinvestment in new securities with proceeds from maturing US Treasuries and mortgage-backed

ของรัฐบาลและสภาพแวดล้อมการท า ธุรกิจที่เปลี่ยนแปลงอย่างรวดเร็ว ซ่ึงจะส่งผลต่อการด าเนินงานของธนาคารพาณิชย์ในช่วง 2 - 3 ปีข้างหน้า ดังต่อไปนี้ 1. การเปลี่ยนแปลงโครงสร้างของประชากร (Demographic Shift

whole entire year.  The refinery business had an inventory loss of THB 1,489 million (including lower of cost or market (LCM) THB 689 million) from the sharp decline of crude oil price in the global

quarter, which has led to retail prices at service stations aligning at an appropriate level to the cost of finished oil products. While marketing margin in Q2/2018 was highly affected by the sharp rise in

appreciated. Whereas in 2018 inventory loss was recorded at THB 1,489 million (including lower of cost or market (LCM) THB 689 million) due to the sharp decline of crude oil price in the global market between

the COVID-19 crisis that has spread across various countries in the world. This has caused crude oil price in the global market to sharp deteriorate since late Q1/2020 continuing into Q2/2020

widespread of Covid-19 from the beginning of this year along with the imposition of the regulations on the usage of Sulphur which resulting in the sharp increase in the oil price in the world market also the