%) on a slower-than-expected recovery of the tourism sector. For the full year 2020, the Thai economy is projected to contract significantly and face several downside risks including (1) the prolonged
Thailand, it is projected that there will be some economic growth but not significant or about the same as 2018. As for the trend for 2019, the Corporate Group still emphasizes on its strength in variety of
previous projected at 2.8% growth to a 5.3% contraction due to the fact that COVID-19 outbreak severely affected both external and domestic demand particularly the tourism and exporting sector which sharply
Thailand has projected the GDP growth in 2020 to contract to –8.1% from an earlier forecast of –5.3%, making it the lowest economic growth country among its ASEAN peers, while ASEAN’s GDP growth is expected
shortage. UU submitted the lowest price for 2 projects, in which it is projected to require 237 million baht in investment in: ownership of land, long term land rental (for the source of untreated water
policy to increase the minimum wage, which is projected to benefit over 3.7 million employees beginning January 1, 2025. This policy is expected to exert a positive influence on the Company’s operations in
the momentum from the above mentions, the Thai economy in 2018 was expected to continue expanding which the Bank of Thailand projected to record growth of 4.1 percent (as of March 2018). However, the
with the growth for the passenger car segment and the commercial vehicle segment growing at 21.9% and 6.3% respectively. The Bank in-house research projected the new car sales for the year 2018 to be
% yoy with the growth for the passenger car segment and the commercial vehicle segment growing at 17.8% and 8.7% respectively. The Bank in-house research projected the new car sales for the year 2018 to
, approved projects. Our 2018 and 2019 projected EBITDA excludes announced acquisitions that are yet to be completed. With the recently announced acquisition of 550,000 tons PET facility in Brazil and joint