as the rise of e-commerce and growing global supply chains, both of which limited the pricing power of domestic firms. As a result, Thailand’s nominal GDP increased by 6.3 percent, leveling at Baht

speaking, Thai economic growth for 2017 is projected to reach 3.7 percent. Investment and government spending are expected to reinvigorate domestic economic activity, thus offsetting effects of slowing farm

accordance with the Public Limited Act B.E. 2535 (1992), as amended. This Amalgamation is considered as business combination under common control, and to illustrate the impact of the amalgamation, the Company

1st quarter of 2021, as follows: Business Overview The Thai economy in the first quarter of 2021 was pressured by the domestic COVID-19 situation that impacted the country’s economic recovery momentum

Thailand’s target range of 1-4 percent. At the same time, core inflation was at 0.61 percent, a slight decrease from 0.66 percent in the same period last year, reflecting a gradual recovery in domestic

quarter of 2018 continued to grow year-on-year on the back of buoyant domestic demand. Private consumption continued to gain traction, supported by improvement in income and employment. Furthermore, there

seen in the final quarter of last year. Broadly speaking, the Thai economy may grow within a range of 3.2-3.9 percent in 2019, down from the growth of 4.1 percent in 2018. Improvement in domestic

Thai Baht’s rise. Meanwhile, domestic interest rates dropped across all maturities. The Monetary Policy Committee (MPC) resolved to slash the policy rate by 25 basis points in its August 2019 meeting

traction from the first quarter. The ongoing economic rebound was mainly driven by exports and tourism, whereas domestic spending and investment only gradually picked up. Still, the economy has yet to see

to Thailand, which caused the Thai Baht to strengthen rapidly. To cope with domestic and international economic and political uncertainties as well as abrupt changes in capital movements, KBank is