The first quarter of 2017/18 (ended 30 June 2017) 1 VGi GLOBAL MEDIA PLC MANAGEMENT DISCUSSION & ANALYSIS 1Q 2017/18 2 AUG 2017 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS Advertising spending

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

has revised down its growth forecast for Thailand's gross domestic product this year to 3.3 percent from 3.8 percent. (Source : BOT Press Release No.37/2019 on Monetary Policy Report) Performance

keeping the income not less than 10 percent of the model forecast, reducing or postponing unnecessary spending and slowing down the investment by focusing on the return of investment and low investment

quarter continuously. Hence, the NESDB has cut down its growth forecast for the Thai economy in 2023 to the range of 2 .5 % which is lower than the earlier expectation, in which the supporting factors still

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

, coupled with high excess production capacity, resulted in a contraction in private investment. However, public spending continued to grow from current expenditure through disbursals for public health

was still in contraction. Tourism sector essentially got greatest hit from border restriction and faced 100% drop in foreign tourist numbers. Bank of Thailand, then, slashed its forecast for Thai

result, NESDB has revised its 2024 growth forecast to a range of 2.3%-2.8%. Key supporting factors include the ongoing recovery of the tourism sector, private consumption, and both public consumption and

decreased 30.54 million baht, or equivalent to 9.37% from the same period of previous year due to the Thai economy that slowed down. Spending and government investment were inadequately driven economy