Thailand. The Bank of Thailand revised down the projection of overall economy for 2020 to contract 7.8% (as of September 2020) from the earlier forecast of 8.1%. But the fragile labor market, uncertain

monetary conditions, at the meeting on September 23, 2020, the Monetary Policy Committee (MPC) voted unanimously to maintain the policy interest rate at 0.5%, after lowering rates three times earlier this

, decreased by 1,009.8% when compared to the first quarter of 2019, mainly from the decrease in profit (loss) from financial instruments measured at fair value through profit or loss as mentioned earlier. Other

the period of such approval has not ended, the following rules shall apply: (a) in case the latter approval for such position has the scope of duties exceeding the earlier approval, the period of the

earlier this year due to higher growth of net loan than that of deposits. Broadly speaking, loans increased as seen from the rise in business, working capital and retail loans, particularly auto hire

price using in the calculation must be the daily average price for trading. In this regard, the date for determination of the subscription price shall not be earlier than three business days prior to the

trading. In this regard, the date for determination of the subscription price shall not be earlier than three business days prior to the first subscription date where the shares shall be offered to the

of the financial instrument. Overall, impairment under TFRS 9 results in earlier recognition of credit losses than under the previous practice. Hedge accounting The general hedge accounting

those prescribed by Clause 19(2)(c); 16 4. a change in distribution payment or capital reimbursement from those prescribed earlier; 5. a change of trustee 6. the dissolution of the trust 7. any amendment

, when combined with bills issued earlier and have not reached maturity, shall not exceed ten bills. In this regard, it is not included bills issued under (1) and (2) in the counting. Bills under Paragraph