the commercial vehicle segment growing at 22.4% and 14.4% respectively. The Bank in-house research projected the new car sales for the year 2018 to be around 925,000 units, a growth of 6.0%. In the

% respectively. The Bank in-house research projected the new car sales for the year 2018 to be around 986,000 units, a growth of 13%. In the equity market, the average daily turnover (SET and mai) for 2Q18

segment growing at 24.8% and 18.0% respectively. The Bank in-house research projected the new car sales for the year 2018 to be around 986,000 units, a growth of 13%. In the equity market, the average daily

segment growing at 22.8% and 18.1% respectively. The Bank in-house research projected the new car sales for the year 2018 to be around 986,000 units, a growth of 13%. In the equity market, the average daily

Limited Management Discussion and Analysis for the First Quarter Ended 31 March 2021 Page 4/19 In 2021, the Bank of Thailand projected the Thai economy to grow by 3.0% (as of March 2021). However, the

reduction to 241 THB/mmBtu in July (8% below Q2’2020 weighted average) while PTT projected that SPP gas price per unit would continually decline in the rest of the year. LNG Shipper license In Q2’2020

(NESDB) forecasted Thailand’s economy to expand in the range of 3.50% to 4.50% (Mean 4.00%), lower than the expansion of 4.20% in 2018. A lower projection is mainly resulted from the uncertainty of trade

Directions The outlook of the country in 2019, the forecasted GDP is at 4.0%, which is lower than forecasted GDP in 2018 at 4.2% due to the world economic slow down which is impacted by the slow down of

Directions The outlook of the country in 2019, the forecasted GDP is at 4.0%, which is lower than forecasted GDP in 2018 at 4.2% due to the world economic slow down which is impacted by the slow down of

prepared for the adoption of IFRS 9. Non-performing loan of the commercial banking system are projected to increase at a slower pace during the rest of the year. However, given its relatively high level of