(CCB), ธ.Standard Chartered Bank (Singapore), ธ.Standard Chartered Bank (Hong Kong), ธ.Agricultural Bank of China (ABC), ธ. United Overseas Bank LTD (UOB), ธ.Abu Dhabi Commercial Bank (ADCB), ธ
domestic demand continued to expand driven mainly by improving of agricultural sector and government measures to support low-income households. As of May 31, 2019, the Company’s total cards reached 8.63
million baht or 15.75% of the same period of sales in 2018. Mainly because of the prolonged drought that resulted to less rainfall and low water level in reservoirs which unfavored for agricultural
power of those consumers relying on agricultural income have been affected by the drought and low commodity prices. However, the impact on private consumption is expected to be eased to some extent by
for Agriculture and Agricultural Cooperatives, which those are still in process but not yet complete according to the achievement stage, therefore those projects cannot be delivered. In additional, the
gradually recovered due to low demand of products, so did agricultural sector. Service sector remained vulnerable due to the absence of tourists, affected by COVID-19 measurements, causing the decrease in
4Q2019, the overall economy of Thailand is still likely to slow down from both internal and external factors including the decline in agricultural product prices and the lower purchasing power of the
through to the domestic economy. The downturn in the goods-producing sector intensified, while agricultural output continued to fall amid a lingering drought. Consequently, annual private consumption growth
to less rainfall and low water level in reservoirs which unfavored for agricultural production. And once it was rainy season, the Northeastern region of Thailand also had a severe flood that caused a