pressure during the low season and flood impact, temporarily boosting purchasing power and alleviating some local concerns. The mobile industry maintained positive sentiment despite the low season, along
of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened
Budget Act and drought. Furthermore, domestic spending may be limited due to weakening purchasing power and hefty household debt. Apart from economic woes, businesses face numerous other challenges that
, carbonated Carabao Green Apple flavor in a 180-ml can (“Carabao Green Apple”), received a warm welcome from domestic market after a pre-launch in March 2019 via cash van distribution system thanks to its well
”), received a warm welcome from domestic market after a pre-launch in March 2019 via cash van distribution system thanks to its well acknowledged product quality and its attractive lower retailing price as
Material changes and developments Give a brief account on the material changes and developments regarding the controlling power and the nature of business during the preceding year as well as the material
controlling power and the nature of business during the preceding year as well as the material changes in the shareholding structure, management or business operation or any other important events (e.g., merger
the Company; 1.1.2 Material changes and developments Give a brief account on the material changes and developments regarding the controlling power and the nature of business during the preceding year as
licensed to undertake securities businesses under the law on securities and exchange; “Executive” means director, manager or person with power of management; “Person with power of management” means executive
experienced moderate growth amid global economic uncertainty, driven by the expansion of private consumption and tourism sectors, while the purchasing power of the grassroots consumer remained challenging. AIS