impressive 4.8% growth. Central bank forecasts for the full year are around 4.5% and with inflation only just breaking into the 1-4% target band (1.2% in Q2) coupled with uncertainty around global trade the
the appreciation of the Thai Baht has led to the destination shift among the country’s target tourists. These factors have, undoubtedly, put pressure on the hospitality industry, which is the main
is poised to continue in 2018. The Thai GDP expanded by 3.8% in the first 9 month of 2017, (following the growth of 3.3% in the first 9 month of 2016)1. The growth supported by a marked upturn in
Speciality Chemicals segment to be growth segments. The acquired business is fully integrated downstream in Surfactants (used in personal and home care) and in Propylene Oxides (used in insulation and foam
expanded more than year 2016. In addition, the expansion of automotive industry and tourism sector were said to be another two significant factors that stimulated Thai economic growth for this quarter. The
3,169mn. OOH media continues to benefit from the structural shift in the media industry and people’s behavior to spend more time outside. Online media, which reports on a yearly basis by the Digital
increase of 4.3% YoY or THB 60mn from the same period last year. The revenue growth attributions predominantly were (i) an increase in 566 keys hotel keys during the year, including VHE Leipzig, VHE Chopin
declared as the “Year of Shift”. It is the opportunity for the organization, high-ranking executives and staff to revise the business model in order for the organization to achieve stable growth and the goal