+7.0%. The manufacturing sector entered a downturn in the second half of March, with output and the PMI falling to a record low. Moreover, business sentiment deteriorated throughout Q1 and dropped to an

10.21% Sales and service income 5,586 4,920 666 13.54% Gains on exchange rate 102 199 -96 -48.47% Other income 50 89 -38 -43.22% Cost of sales and services 4,912 4,421 491 11.11% Gross Profit 675 500 175

Baht appreciation, affected to production competitiveness that manufacturers made decision to shift production base or import materials from foreign. Similarly, private investment sector and employment

recovery and well-performing trading partners’ economies. Also, tourism sector robustly expanded, reflected from an increasing number of international tourist arrivals in almost every nationality especially

% 2. ECONOMIC SITUATION Thai economy in Q2/2019 moderated from previous quarter. The global demand weaker from protectionist trade policies between the US and China, which effected to export sector

40mn customers to become paperless and cashless, and to use RLP as the key payment solution.  On 30 October 2018, RLP and BTS announced the soft launch of “Bind, Tap & Ride” service across 20 BTS

being the continuous recovery of the tourism sector and from January to August, there is an accumulated number of tourist of 17.9 million and expecting to meet the target at 24 million by the end of the

forecasts signaling GDP will fall by up to 6% compared to 2019. The export sector has been affected by declining demand from trading-partner countries, while the tourism sector has been severely impaired by

economy dramatically declined in 2017. Trang’s economy depends heavily on agriculture sector. Prices of both the rubber and oil palm suffer in year 2017, and also the harvested volume was declined

INDUSTRY PUBLIC COMPANY LIMITED FPT: FRASERS PROPERTY (THAILAND) PUBLIC COMPANY LIMITED FSMART: FORTH SMART SERVICE PUBLIC COMPANY LIMITED GRAND: GRANDE ASSET HOTELS AND PROPERTY PUBLIC COMPANY LIMITED JMART