Baht 600 million in gains on investment, and a decrease of Baht 392 million in net fees and service income, due largely to decline in fees from loan-related services, bancassurance and mutual funds
rate in the last quarter, due to the decline in the prices of fresh food and energy. Inflation is therefore below the Bank of Thailand’s target range of 1-4 percent. Core inflation registered at 0.47
while revenue from residential projects is expected to increase in 2H19 and accordingly with CPN’s business plan. In 2Q19, growth in the Thai economy decelerated primarily driven by a decline in export
decline in September 2.) growth in private consumption supported by higher household income in various sectors, including agriculture, and recovering consumer confidence, whilst inflation level also grew
and according to target. In 3Q19, growth in the Thai economy decelerated primarily driven by a decline in export growth from world-trade sluggish effecting from Trade War. However, the Thai economy is
confidence; 3.) strong tourism growth mainly from higher international tourist arrivals, especially from the ASEAN region, despite a slight decline in Chinese tourist arrivals during the second half of 2018
Commercial Banking In 2019, the Thai economy grew at a slower pace than the previous year and below its potential. Growth is estimated at 2.5%, the lowest level since 2015 and a significant drop from 4.1% in
, up from 42.70 percent in the first quarter of this year. Even though the figure was still within the set target, it caused a drop in our net profit compared to the preceding quarter. B In the second