, especially global economic fluctuations and unresolved political issues. Businesses have also had to contend with new regulations and government projects. All of these factors affected the performance of KBank
revenue from goods sold and revenue from rental and service increased notably in 2019 which lead to presenting cost of those revenue separately in other expenses (previous year was presented net with other
period last year, especially in the tourism sector. However, exports and private investment – two major economic drivers – continued to slow in line with the sluggish global economy and trade volume amid
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
developments warranted a close watch, particularly in US politics, which were a drag on the implementation of economic stimulus measures and tax reform. In addition, Britain’s economic outlook was obscured by
have also led to a widespread slowdown in economic activities especially in the service sector. Private consumption contracted compared to the same period last year across all spending categories, in
borderless marketplace of the ASEAN Economic Community (AEC). Given the increased degree of uncertainty in global economies, especially pressure from a looming trade war among core economies and their
economic activity may become more apparent during the latter half of this year, especially if the new government is in place within the middle of this year and the US-China trade dispute eases. Regarding the
proven beneficial through the various supply chain disruptions seen this quarter, notably the Polar Vortex and Suez Canal blockage. Having access to our own raw material has allowed us to operate at higher