consumption and the improvement of the service sector according to the number of thai and foreign tourists. However, Public expenditure shrinks from both regular expenditure according to central budget
such article or research paper in the underwritten securities, provided that such statement shall be distinct, easy-to-read, and not smaller in size than the regular font used in such article or research
securities, provided that such statement shall be distinct, easy-to-read, and not smaller in size than the regular font used in such article or research paper, and shall be on the same page of the summary of
distinct, easy-to-read, and not smaller in size than the regular font used in such article or research paper, and shall be on the same page of the summary of such article or research paper or at a nearby
size than the regular font used in such article or research paper, and shall be on the same page of the summary of such article or research paper or at a nearby position which can be seen clearly. Clause
or research paper in underwritten securities, provided that such statement shall be distinct, easy-to- read, and not smaller in size than the regular font used in such article or research paper, and
who have long-term debt obligations. We are therefore closely monitoring and analyzing related developments. Subject to our regular reviews and improvements in liquidity risk management processes at
(Figures 4- 7 in following pages reflect the steady growth of IVL at consolidated level although the regional levels are more cyclical). Business Outlook The doubling of PTA production in The Netherlands
กลุ่ม Cyclical/Value มากกว่า Defensive และ น่าจะท าใหหุ้น้ในตลาด EM เตบิโตด ี • ด้านตราสารหนี้ Credit Spread ยงัคงอยู่ในระดบัที่น่าสนใจหลงัจากที่มกีารปรบัตวัขึ้นไปในช่วงวกิฤติที่ผ่านมา ในขณะทีผ่ลตอบแทน