driver supporting the Thai economy. However, tourism sector remains highly contracted for the second consecutive quarter due to no entry of foreign tourists during international travel restrictions of
all business sectors. Thai economy has been pressured from weak in tourism sector, consumption, and export sectors. However, Thailand continues easing country lockdown measures phase by phase since May
weaker global demand as a result of slower growth in the number of major trading counterparties, the trade war between US and China, and a decreased global crude oil prices. However, the tourism sector
, particularly in the retail and wholesale, and tourism sectors. There was slightly higher demand for consumer loans from the previous quarter from credit card loans resulting from sales promotions and new
tourist arrivals and tourism receipts, as well as manufacturing production. Meanwhile, private consumption continued to expand, which was derived mainly from increased expenditures on durable goods
businesses related to the tourism industry, which during Q2/2020 were the most affected. This quarter the company and its subsidiaries earned revenue from selling of goods and rendering of service of THB
consumption to decline. Especially, from the tourism sector and airlines had to suspend services. With the culmination of events being the declaration of the state of emergency and social distancing policies
’ Meeting to approve to amend and add of the Company’s objectives, from 68 clauses to 72 clauses, as follows: 1) Amend Clause 27 from “Conducting a tourism business including the relevant business” to
follows: 1) Amend Clause 27 from “Conducting a tourism business including the relevant business” to “Conducting a water supply business for production and distribution of water supply” Clause 50 from
around 4.1% in 2018 from previous valuation of 3.9%, due to better performance in the exports and tourism, the increase in private spending and the government scheme to boost spending from low-income