since real estate business is the significant driving force of the economy. The government has thus issued measures to boost the real estate market i.e. tax deduction of up to 200,000 THB for first time

worldwide and has affected the world economic conditions, and Thai economy has been affected since the middle of the first quarter, especially in the tourism and export sectors. Combining with the government

more severely felt in Q2 2020 and the Thai GDP is expected to contract by about 10% for the Full year 2020. Timely Government interventions to boost the economy are helping in gradual recovery of the

as per BOT estimation. Timely Government interventions to boost the economy are helping in gradual recovery of the economy and we expect improvement in the overall HR consumption and pricing going

(BAY) and Government Saving Bank (GSB), and new variety of services such as bank saving lottery, PA insurance, etc. The Company also focuses on expanding the kiosks with SIM card selling and electronic

the previous quarter. The main supporting factors were the return-to-expansion of export goods, private investment as well as a continual expansion of government expenditure. Meanwhile, the new wave of

affect from a government adopting a more restrictive lockdown measures in dark-red zones and uncertainty surrounding the COVID-19 situation that will hinge mainly on the rollout of vaccines in order to

because an increase of export and private consumption, as well as an expansion of government investment. In addition, the domestic tourism sector also improved due to the government continued relaxing

Trusts; “foreign entity” means the following entities established under foreign laws: (1) agency or organization of a foreign government; (2) international organization; (3) foreign juristic person

in the pickup truck segment due to their rising credit costs. The delay in approval of the 2024 fiscal budget by several months also contributed to the slowdown in government spending, investment, and