developments warranted a close watch, particularly in US politics, which were a drag on the implementation of economic stimulus measures and tax reform. In addition, Britain’s economic outlook was obscured by

-China trade negotiations and Brexit risks. The World Economic Outlook of the International Monetary Fund revised downward its global economic growth projection for 2019, to 3.3 percent from the previous

. Worse, Brexit risks became heightened in the wake of political change in the United Kingdom. The World Economic Outlook of the International Monetary Fund cut its 2019 global economic growth projection to

with its major trade partners, especially China. This factor is set to have an impact on the world’s economic recovery over the remainder of this year. The World Economic Outlook of the International

. Given the intensified global trade tension, the October 2018 World Economic Outlook of the International Monetary Fund cut its global economic projection for 2018 and 2019 to 3.7 percent, compared to the

of 2018, close attention was paid to uncertainty surrounding US trade policy with its major trade partners, especially China. Most recently, the World Economic Outlook of the International Monetary

Code (Issuer) เป็น 00 ใหบ้นัทกึ Issuer Rating เป็น None รายงานเฉพาะ 1) หลักทรัพยน์อกตลาดในประเทศ โดยถา้เป็นตราสารหนี ้(รวมถงึ Structured Notes/Structured Finance) ในประเทศที ่listed ใน BEX/ThaiBMA ไมต่อ้

/> (4) ห้ามลงทุนในตราสารที่มีลักษณะของสัญญาซื้อขายล่วงหน้าแฝง (“structured notes”) (5) จำกัดการลงทุนที่ทำให้กอง MMF มีฐานะความเสี่ยงเกี่ยวข้องกับการลงทุนในต่างประเทศ โดยกำหนด

%. Moreover, the growth outlook still challenge with uncertainties especially from trade protectionist measures between US and China, global economy and trading partner economies would expand at a slower pace

the new businesses to alleviate this impact. These new businesses will gradually generate more profits in the subsequent quarters. For 2H19, the Company remains fairly positive in its outlook for the