Baht appreciation against 3 major currencies (USD, EUR, and AUD) as main revenue structure. Cost of sales, Selling and Administrative Expenses: For the three-month period ended 31 March 2019, the cost of
included: Revenue Code Amendment Act (No. 48) B.E. 2562 (2019) This law, effective March 21, 2019, stipulates that financial institutions, specialized financial institutions and e-money service providers
Depreciation and writing off bad debt and doubtful accounts Income tax to be written off (Gain) Loss from regulation of securities (Gain) Loss from assets distribution (Gain) Loss from foreign currencies
securities (Gain) Loss from assets distribution (Gain) Loss from foreign currencies exchange Earnings from operation before change in operating assets and liabilities Operating assets (increase) decrease Long
off (Gain) Loss from regulation of securities (Gain) Loss from assets distribution (Gain) Loss from foreign currencies exchange Earnings from operation before change in operating assets and liabilities
purchase or exchange of foreign currencies: Outward funds transfers are allowed freely for any purpose, except for the purpose that requires permission from the competent officer of foreign exchange control
transactions concerning the money changing business; outstanding balance of all such accounts in all currencies at the end of each day must not exceed USD 50,000 or its equivalent. 4. Payment in Thai Baht of
of money and capital markets, and TFRS 9 impacts from reclassification and remeasurement of investments. However, net interest income increased Baht 2,512 million, or 9.82 percent, due to loan growth
line with these changes. PromptPay Practical Guidelines for e-Money service The Bank of Thailand issued Circular No. BOT.ForTorSor.Wor.987/2560 Re: PromptPay Practical Guidelines for e-Money service
global trade volume. Moreover, the Thai export sector’s competitiveness was eroded by the stronger Baht compared to trade partners’ and competitors’ currencies. Broadly speaking, the Thai economy in the