advice without the use of human financial planner. While embracing financial innovation, the SEC still put highest emphasis to ensure sufficient level of investor protection in the Thai capital

unnecessary burdens on listed companies without compromising proper protection for shareholders.?The consultation paper is available at www.sec.or.th. Stakeholders and interested parties are welcome to submit

lead to economic expansion and development of the country.Taking into account the balance between regulatory burdens and investor protection, the proposed supervisory framework covers supervision on

the universe of financial products and services for investors.The regulations will emphasize on information disclosure and appropriate level of investor protection. Foreign companies intend to raise

, there was a provision for retirement benefits and past service cost in accordance to the Labor Protection Act, which was amended on 5th April 2019, to include a requirement that an employee who is

million baht for the nine- month period. A significant increase resulted from the new Labor Protection Act reflecting past cost related 19 ASIA’S BOUTIQUE AIRLINE to employee benefits in income statement

significant increase in selling expenses were mainly due to usage of reservation system together with an additional cost related to employee’s retirement program according to the new Labor Protection Act

selling and administrative expenses by THB 170 million or 28% due to provision of employee's severance pay corresponding to revision of the Labour Protection Act of GLOW and unwinding costs of FX forward

Labor Protection Act was amended to include a requirement that an employee who is terminated after having been employed by the same employer for an uninterrupted period of twenty years or more, receives

Ratio Item Unit Y2019 Y2018 Y2017 1.Current Ratio Times 11.21 9.28 9.42 2.Quick Ratio Times 2.06 1.38 3.16 3.Collection Period Day 33 33 46 4.Payment Period Day 74 84 96 5.Sales Inventory Period Day 723