, the value of merchandise exports expanded at a slower rate as the result of the economic slowdown in major trading partners, and the effect of protectionist trade policies between the US and China. The
but slower than the previous quarter because of the deceleration of exporting sector and the world economy. Merchandise exports were projected to recover more slowly than expected due to the slowdown in
2018. This was a result of a decline in merchandise exports owing to the economic slowdown of trading partners affected by trade protectionism and the impact of structural changes in the manufacturing
investment particular in machinery and equipment, industrial production, manufacturing capacity, and the value of merchandise exports were also better. Rising government expenditure is another significant
increased. Gasoil/Dubai (GO/DB) crack spread in Q4/2017 averaged at 13.01 $/BBL, a decrease of 0.82 $/BBL compared to the previous quarter, with respect to the lowered diesel exports from Asia to Europe and
encountered ongoing capital outflows which prompted the Thai Baht to weaken at the beginning and in the middle of the quarter. Given the healthy Thai economic fundamentals, brighter exports and growing tourism
largely to healthier growth of exports and tourism, especially in the first half of the year. Meanwhile, the government continued to implement measures to promote and strengthen the domestic economy through
storage and shredding services, as well as revenue from exports of TBSPs’ products to other 32 countries 4.3 Summary of Financial Position and Performance Consolidated Financial Statements of TBSP (Unit
services, as well as revenue from exports of TBSPs’ products to other 32 countries 4.3 Summary of Financial Position and Performance Consolidated Financial Statements of TBSP (Unit: Baht million) For 9