the construction of TAIT 12 – a luxury condominium, located on Sathorn Road, soi 12 Management outlook and future projects Since August 2019 until the beginning of 2020, the Monetary Policy Committee
strength as well as effort to maintain monetary return in the eyes of shareholders. Page 3 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 The Company has adopted
downwards the 2020 GDP forecast in their Monetary Policy Report, saying the economy was likely to contract by 8.1%. Although Thailand has successfully controlled the spread of COVID-19 so far, leading to a
Economic Outlook of the International Monetary Fund for October 2019 cut this year’s global economic growth projection to 3.0 percent from the previous forecast of 3.2 percent. The figure is the lowest
last year, with the 9M/2023 average funding cost 2.97%, increasing from 2.64% at the end of last year, due to the announcement of the Monetary Policy Committee (MPC) to increase the policy interest rate
%, increasing from 2.64% at the end of last year, due to the announcement of the Monetary Policy Committee (MPC) to increase the policy interest rate from 0.50% in 2022 to 2.50 as of November 2023 and the rate
sharp contraction in the first quarter of 2020 as economic activity was crippled due to efforts to control the spread of COVID-19. The World Economic Outlook of the International Monetary Fund estimated
exchange rate was 31.30 THB/USD, stronger than the level 31.62 THB/USD during the same period last year, but weaker than 30.28 THB/USD seen in the previous quarter. The Monetary Policy Committee (MPC
the monetary policy, at the meeting on December 24, 2019, the Bank of Thailand (BOT) revised the inflation target from a point target of 2.5% with a band of +/-1.5% which has been set since 2015 to a
% from the previous forecast of 4.1%. The Bank of Thailand also maintained the policy interest rate at 1.50% during the Monetary Policy Committee meeting in June. The performance of Central Pattana Public