increase after a decline during the end of 2017. With the economic expansions for the first quarter of 2018 growing at a faster rate than expected at 4.8% together with positive signs of recovery across
after a decline during the end of 2017. With the economic expansions for the first half of 2018 growing at a faster rate than expected at 4.8%, the Bank in-house research has revised the Thai economic
during the end of 2017 due to the Government Procurement and Supplies Management Act B.E. 2560 that is more stringent and resulted in government agencies becoming more cautious in spending. For domestic
2018 continued to expand from the external sectors namely exports and tourism in line with the expansion of the global economy. Public spending also increased, recovering from a decline during the end of
export and investment 3) The increase in oil prices due to geopolitical tension, particularly in the Middle East, which negatively impact the current account surplus as well as leading to higher inflation
a rebound in December. Consequently, the current account surplus came in at USD 37.7 billion in 2018, narrowing from USD 50.2 billion in 2017. Global financial markets continued to experience
with the temporary maintenance closure of some oil refineries in the last quarter of the year. Nevertheless, the current account remained in surplus with the value of imports contracted at a greater rate
Group’s ROE increased from 26.37 percent as at end of 2019 to 33.67 percent as at June 30, 2020 or an increase of 7.30 percent, due to an increase in annualized - 7 - projected annual net profit of 22.75
27/08/63 2 Thai Banking Industry In the second quarter, the commercial banking system in Thailand faced challenges as the Covid-19 outbreak affected economic and financial systems. At the end of June