. . Overview of operating results in the Quarter /. The overall global economy still has growth direction in fine criteria from continuous consumption of private sector mainly covering with supportive factor
Page 1 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 Executive Summary Bank of Thailand, in late March 2020, slashed its forecast for Thai economy from the
economic conditions is expected to continue to grow, but with three headwinds namely 1) the economy which has not been sufficiently broad-based from weak domestic demand. If factors namely rising inflation
recovery. For 2018, the Thai economic conditions is expected to continue to grow, but with three headwinds namely 1) the economy which has not been sufficiently broad-based from weak domestic demand. If
outbreak. In 1Q20, overall economy was largely affected by the coronavirus disease (COVID- 19) outbreak globally, including the Thai economy, resulting a deep economic deceleration throughout the year. Thai
-hours in 2017. A growth of electricity consumption was mainly driven by the expansion of economy and thriving tourism. As for economic outlook in 2019, National Economic and Social Development Board
economy expanded at a slower pace at 2.4% of GDP as compared to 2018 (reference: Office of the National Economic and Social Development Council). The decline is due to various factors, such as export
was rated in the top level of "Excellence : 5 Stars" for fourth consecutive year. Overview of Economy and Competition in Commercial Banking In the first quarter of 2019, the Thai economy continued to
emphasized to ensure B.Grimm’s commitment to healthy and sustainable growth. Q1’2020 NNP to owner grew 54.0% y-on-y Despite unfavorable economy situation, B.Grimm reported Q1’2020 results with a 9.4% y-on-y