worldwide including Thailand to prevent the spread of Covid-19 outbreak. And the negative impact of Covid -19 pandemic on the shipping industry were getting goods stranded, not capable of being shipped in and
trading economies, tourism sector continued to expand. As the slowdown in economic momentum, the Bank of Thailand revised down Thailand economic growth forecast for 2019 to 3.8% (as of March 2019); lower
tourists from other major nationalities continued to expand. The Bank of Thailand revised down Thailand economic growth forecast for 2019 to 3.3% (as of June 2019); compared to previous assessment at 3.8
in economic momentum, the Bank of Thailand revised down Thailand’s economic growth forecast for 2019 to 2.8% (as of September 2019); compared to previous projection at 3.3%. Moreover, the growth
quarter ended 2019 and 2018 were Baht 34.03 million and Baht 27.49 million respectively. The increase of Baht 6.54 million was mainly a result of the sale expense (Freight and shipping cost, commission fee
quarter 2019 and 2018 were Baht 31.09 million and Baht 25.26 million respectively. The increase of Baht 5.83 million was mainly a result of the sale expense (Freight and shipping cost, commission fee) and
will affect the internal control system and the good corporate governance and may lead to conflicts of interest. In addition, it is forecast that GSTEL may incur additional expenses which will affect