-changing consumer behavior. Given the increased degree of uncertainty in global economies and politics, businesses may have to contend with Thai Baht volatility and rising interest rate trends. Within this
percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment
export prices along with global crude oil prices. Meanwhile, tourism sector and private consumption continued to expand especially on account of spending by medium and high income households, although
economy in Q1/2019 moderated from previous quarter. The global demand weaker from protectionist trade policies between the US and China, which effected to export sector, industrial sector and tourism sector
. (“WBS”) Sakthi American Corporation Sakthi Real Estate Holdings, Inc. 51.00% 49.00% 100.00% 100.00% 52.00% 100.00% 100.00% 100.00% 100.00% Sakthi Global Auto Holdings Limited (“SGAH”) 76.00% 100.00
., Ltd. (“WBS”) Sakthi American Corporation Sakthi Real Estate Holdings, Inc. 51.00% 49.00% 100.00% 100.00% 52.00% 100.00% 100.00% 100.00% 100.00% Sakthi Global Auto Holdings Limited (“SGAH”) 76.00% 100.00
Project One Co., Ltd. ("PP1") and Pace Project Three Co., Ltd. ("PP3") which are the Company's subsidiaries and the shares of which are held by the Company, directly and indirectly through Pace Real Estate
%. Moreover, the growth outlook still challenge with uncertainties especially from trade protectionist measures between US and China, global economy and trading partner economies would expand at a slower pace