equipment in line with the import of capital goods which partly stemmed from the relocation of the manufacturing base of hard disk drive to Thailand earlier. Meanwhile, public spending in capital expenditure
February 2020. Capital Expenditure Program IVL expects its balance sheet and cash flow from operations to remain strong, and sufficient to meet its planned investments into growth engines. Table 3: Major
chain disruptions. Mobility improved before softened in March 2020 due to lower auto manufacturing. Capital Expenditure Program IVL expects its balance sheet and cash flow from operations to remain strong
-openings. However, towards the middle of the year, the rising inflation and continuous increase in energy costs limited private consumption and signaled a global economic slowdown, raising spending concerns
weaken. Although the government has policies to help the cost of living of people at the grass-roots level, it focuses on spending of the essential consumer products only. In addition, there was a factor
remains sluggish, resulting in the contraction of advertising expenditures by 11.4% YoY to 26,351mn in the third quarter of 2017. Overall advertising spending was weighed down by TV sector (Analogue TV
government spending and economic stimulus measures such as the reduction of personal income tax rates and adjustment of minimum wage, including investment in large infrastructure as well as the government
was negatively impacted by an unexpected event in Malaysia, where a government-linked sector that is one of our major clients in airport advertisement has cut back its spending due to the country’s
Company’s total SG&A level was at 20.8% of sales, in-line with Q1’18 level and -30 bps QoQ. Lower spending on A&P was due to phasing of spending as per marketing activities and high base last year base from M
aforementioned impact and economic uncertainties, which led several businesses reduce their advertising spending. Domestic advertising revenue was THB 97mn, a decrease of 62.9% YoY. International advertising