Thailand has projected the GDP growth in 2020 to contract to –8.1% from an earlier forecast of –5.3%, making it the lowest economic growth country among its ASEAN peers, while ASEAN’s GDP growth is expected

footprint in Vietnam market  On 21 January 2020, MACO, through VGI MACO (Singapore) Private Limited1 (“VGIMS”), announced to expand its footprint into the Vietnam market – a high growth potential country

development in all provinces with the confidence that they will be another key mechanism to help drive the country?s sustainable economic growth. I wish that all provincial governors, especially for the

(“VGIMS”), expanded its footprint into the Vietnam market – a high growth potential country with 6.9%2 GDP expansion and more than 100mn3 population in 2019. VGIMS will invest 25.0% in VGI Vietnam Joint

with continued growth in card spending in this quarter, whereas revenue from other products decreased y-y and q-q. However, although the overall economic growth rate of the country has a better outlook

in Europe and Asia in order to maximize its growth opportunity in highly competitive market. Country Company-operated Stores Licensed Stores Total United States 6 - 6 United States (Hawaii) - 2 2

with continued growth in card spending. However, although the overall economic growth rate of the country has a better outlook, it is lower than the situation prior to the Covid-19 pandemic, especially

from credit card increased 6%, in line with continued growth in card spending. However, although the overall economic growth rate of the country has a better outlook, there are risks from the slow

exports improved from the previous quarter continuously. Hence, the NESDB has cut down its growth forecast for the Thai economy in 2024 to the range of 2.2-3.2%, in which the supporting factors still being

to be the Battery of Asia, the electricity generation for export to neighboring countries such as Thailand and Vietnam are approximately 65 percent of total capacity. The demand growth of whole country