from 2.3% in the second quarter of 2019, mainly driven by expansion of private consumption, government spending and tourism sector. Meanwhile, exports sector continued to contract caused by uncertainty
% from 2017. This was mainly due to the decline in sales of the Power Electronic business group, especially sales of power supplies for the automotive (Electric Vehicle Solutions) sector which dropped down
was negatively impacted by an unexpected event in Malaysia, where a government-linked sector that is one of our major clients in airport advertisement has cut back its spending due to the country’s
, with the effect of COVID-19 outbreak, the labor has temporary moved from service sector back to agriculture sector which led to more demand in agriculture equipment. Other that the above reasons, in Q2
expected to severely contract during the outbreak. The export sector has been impacted by declining demand from trading partners and supply chain disruption, while the tourism sector has been impaired by
% in the previous quarter, driven mainly by a slowdown in domestic demand and private consumption. The exports sector fell sharply due to the continued strength of the baht, while tourism sector also
% contraction in the previous quarter, as a result of the Covid-19 pandemic situation which disrupted economic activities in many sectors, especially in tourism sector that was directly impacted by lockdown
outbreak, especially on export, tourism and industrial sector. However, economic recovery has been high uncertain from new wave of the COVID-19 pandemic since December 2020. As a result, the domestic tourism
recovery of the tourism sector and the return of foreign tourists. However, economic expansion remains at risk from the impact of higher cost of living on households and headline inflation tends to rise