headline inflation was projected to be around the lower bound of the inflation target. Overall financial conditions remained conducive to growth, despite pockets of risks to financial stability such as the
slightly declined from the high base of last year. For export sector, exports value remained stable for Q418 from the same period last year due to the high base effect of last year and also from the trade
remained constant yoy even though Baht currency continued appreciation. • Hotel Management Revenue from hotel management business reported Baht 100 million in 3Q19, increased by 58.8% yoy and Baht 280
remained resilient, despite a global slow-down in demand and weak outlook for automobiles. Lifestyle, on the other hand, has been adversely impacted due to stocks overhang and impacted by US- China trade
revenue remained constant yoy even though Baht currency continued appreciation. Hotel Management Revenue from hotel management business reported Baht 100 million in 3Q19, increased by 58.8% yoy and Baht
Thani Laguna Phuket, dustiD2 Chiang Mai, and Dusit Princess Chiang Mai) have remained close with plan to re-open in October 2020. In terms of new hotel opening, the Company revised the number of hotel
tourists, compared to 5,872,145 people in the pre-COVID-19 period (Jan-Feb 2020), as travel restriction remained in place. In 2021, the recovery of the Thai economy is expected to be fragile and uneven
result of the rise in natural gas prices while the Ft rate remained unchanged. Also, Sriracha Power Plant and IRPC-CP had maintenance shutdown in Q4/2018. The operating revenue in Q4/2018 was at Baht 5,837
borrowers, and remained vigilant on risks. Meanwhile, we mainly targeted borrowers with good track records, as well as existing low-risk customers. 2.2 Market Risk Management Economic and political