unexpected event in Malaysia, where a government-linked sector that is one of our major clients in airport advertisement has cut back its spending due to the country’s sluggish economy, leading to
was still in contraction. Tourism sector essentially got greatest hit from border restriction and faced 100% drop in foreign tourist numbers. Bank of Thailand, then, slashed its forecast for Thai
second quarter of 2020. The strict lock down policy have been put in place for all countries around the world. All business sectors were impacted during this period, especially tourism sector, resulting
traction, buoyed by both domestic and international factors. However, the business sector faced rising challenges, namely various forms of competition, a borderless marketplace within the ASEAN Economic
2017 at 7.2% due to the increased in external demand of electronic goods and also the increased in global commodity prices 2) Tourism sector continued to be positive with tourists arrivals during the
at 7.8% due to the increased in external demand of electronic goods and also the increased in global commodity prices 2) Tourism sector continued to be positive with tourists arrivals during the first
sale and cumulative effects of changes in accounting policies due to the adaptation of new financial reporting standards. As at June 30, 2020, the Company recorded Right-of-use assets of Baht 28
continued to see limited support, after growing by 2.30 percent in the second quarter. The Thai economy did show some signs of strength in the third quarter, due mostly to the low base effect of the same
attributed mainly by number of factors, namely 1.) Growth in Tourism sector from visa-on-arrival measure and Hong Kong disturbance which reflects an increasing in tourists 2.) Government spending for
Baht 14.7 million derived from high expenses of the Group related to the bidding of the projects for procuring electricity from renewable sources of the government sector in the first quarter of 2023