continuous improvement in consumer confidence and household income. Private investment expanded in line with private consumption and capital outlays arising from production relocation to Thailand of some
group, in order to set up two joint ventures both in Thailand and Indonesia, which expected to become operational by mid-2018. On 18 January 2018, the Company has entered into an agreement to acquire 65
private consumption in almost every product category, in-line with the improving consumer confidence indicator, with the exception of some agricultural products whose prices remained at low levels, and last
even though there was a slowdown in the last month of December 2018 due to decelerating of exporting sector and the world economy, compared with the previous quarter. The revenues from agricultural
. Meanwhile, farm income declined due to a more-severe-than expected impact of the drought. The Bank of Thailand reduced Thailand’s economic growth projection for 2020 to contract 5.3% (as of March 2020
power, as farm income continued to be constrained by low prices of agricultural products and nonfarm income remained lackluster. Moreover, high levels of household debt caused the generation of new loans
consecutive years. However, the company’s securities has selected in the SET High Dividend 30 Index or SETHD from the Stock Exchange of Thailand which the price index reference 30 shares group in the SET100
trading economies, tourism sector continued to expand. As the slowdown in economic momentum, the Bank of Thailand revised down Thailand economic growth forecast for 2019 to 3.8% (as of March 2019); lower