due to lower prices. Net debt to equity is at 0.99 times, well below IVL’s covenants, and supported by stronger operating cash flow. The dividend payout of THB 1.225/share for 2019 remains higher than
key driver with continued growth across all categories supported by the increased in farm income both in productions and prices. Exports during the first five months of 2019 contracted 2.3% from the
continued growth across all categories supported by the increased in farm income both in productions and prices. Exports during the first half of 2019 contracted 2.9% from the same period last year as a
persistently experienced a high contraction due to the international travel restrictions. However, economic activities during that period were supported by the expansion of public spending, together with the
extent of the rebound in consumer confidence and household spending. Throughout 2017, the Bank of Thailand maintained the policy interest rate at 1.50 percent, concurring that economic gains had not been
weighted down from concerns over economic recession; after the US reported that the short term bond yield has exceeded the long term bond yield. However, oil price was supported by the high tension being
previous quarter. The Monetary Policy Committee (MPC) maintained the policy interest rate at 1.50 percent, viewing that while the Thai economy continued to gain further traction, there remained risks on the
, the drought conditions and the delay in FY2020 budget. However, the economy will be supported by a gradual global economic recovery following easing trade tensions and reduced risks of a no-deal Brexit
inflation in line with the world oil price (Source: The Bank of Thailand). The overall global aviation industry in the first 9 months of 2019, a growth in passenger traffic globally was supported by 4.5
horizon, the increase in volume supported increase in demand due to seasonal summer demand resulting in higher utilization rate and the acquisition of assets in Egypt. On a structural basis, demand for PET