demonstrated a cautious growth from expansions of private consumption and tourism sector, while facing global and local economic headwinds and challenges from high interest rate environment. Overall, AIS

. Although the economy performed well in a big picture, the economy at grassroots level has yet to sufficiently expand. This was seen in growth of private consumption, growth of durable goods consumption

due to economic slowdown, which results in a decline in advertising expenditure in print and advertising. Consolidated print and advertising revenue for the year-ended 31 December 2019 was 588.6 million

in the agricultural sectors, affect the consumers’ purchasing power which has caused private sector consumption to slow down significantly. Besides, the government expenditures remain shrink due to the

of the virus has caused demand for consumption of fuel around the world to decline with significance. This factor is putting pressure on the price of crude and finished product to drop significantly

price of crude and finished product to make its downward trend. With demand for fuel consumption declining across the globe, combined with the Organization of Petroleum Exporting Countries [ OPEC] and

Expenses is comprised of staff salaries and welfare benefits, hotel management expenses, facilities rental costs, costs for credit cards usage, together with franchise and royalty fees, and advertising

GLOW Acquisition Economic Direction 2020 Electricity Usage 2020 The effect of new accounting standards announcement (Effective in 2020) • In the year 2020, the company expects to be able to recognize the

, the g ross profit from IRPC Clean Power Plant (IRPC-CP) has decreased by Baht 59 million due to the increase in natural gas cost in accordance with the usage volume and the increase in the price of

. Moreover, a good trend in farm income and tourism sector supports continuous private consumption growth. For public expenditure, public consumption is expected to expand more than that of last year, while