additional support from the government project. Meanwhile, government spending remains the main supporting factor for the Thai economy even in this quarter slowed down as the delayed in budget disbursement. As
2020 MD&A 6 We are seeing a trend in industry that due to poor margin number of cracker, PO/MTBE projects have been delayed to conserve cash; this will help to restore the margin to replacement
redundancy, and to save cost and expense in the long term. The Company has also adjusted CAPEX plan and delayed the new investments, for example, the JV with ORI, the JV with MPIC, and the luxury villa
COVID-19 since the beginning of 2020, the expansion of overseas franchise Index Living Mall stores has been delayed by 1-2 quarters but still expected to be completed this year, when the situation of
price competition and delayed economic recovery. With AIS leadership in superior network quality, the revenue is sustained with increased 5G subscribers and a recovery in IR/IDD revenue from border re
flagship phones were launched, and a decrease in bundled packages with subsidized handset sales. Furthermore, the government tax campaign in early 2024 delayed significant customer expenditures in the last
competitiveness to sustainably accelerate growth in the region. The Company has completed its investment in the must-have projects which are necessary for driving sales. For the nice-to-have projects which will
food production. In term of business tourism continuously expanded in all region from both Thai and foreign tourists. Costs slightly rose due to wage hike and increasing in commodity prices, however
in significant initial savings United Kingdom The Company has set up new operation in United Kingdom to expand DEAN & DELUCA. United Kingdom is a key region which has large opportunity for growth. The