economy, and the ongoing geopolitical tension. Although many risks are emerging, we believe that within these risks there are still opportunities for us, which we will adjust our business strategy soundly

namely 1) Structural changes in Thai economy, particularly high level of household debt, that leads to low level of consumption 2) Escalating trade tension between US and the rest of the world, which could

household debt, that leads to low level of consumption 2) Escalating trade tension between US and the rest of the world, which could negatively impact export and investment 3) Less surplus of Thailand’s

sector remained challenged by new modes of competition in a broader marketplace amid the advancing digital age and its rapid pace of technological advancement. Businesses have also had to cope with Thai

Environment 1 1.1 Global and Thai Economy in 2019 and Outlook for 2020 1 1.2 Banking Industry, Competition and Emerging Risks 2 1.3 Significant Regulations and Rules related to Business Operations 5 2. Risk

government’ s measure to peg retail Diesel price at THB 30 per liter, in order to alleviate tension for consumers and businesses in the transport sector during times of high fuel price; although there was a

, competing for the Royal Trophy bestowed by Her Royal Highness Princess Maha Chakri Sirindhorn. As a supporter of the competition, the SEC also sent its badminton team to participate, fostering

company to see better returns on existing store profitability. In Consumer Brands Group (CBG), the PGA tournament DEAN & DELUCA Performance Bar launch successfully validated product profitability with the

returns on existing store profitability. In Consumer Brands Group (CBG), the PGA tournament DEAN & DELUCA Performance Bar launch successfully validated product profitability with the official launch of the

, units of ASEAN collective investment scheme (ASEAN CIS) will be added as permissible securities.  The revision, to become effective by November 2014, aims at supporting competition among business