. Worse, Brexit risks became heightened in the wake of political change in the United Kingdom. The World Economic Outlook of the International Monetary Fund cut its 2019 global economic growth projection to

throughout the year by a slowing global economy due to the trade war between the US and China, which inadvertently lowered global oil demand. This also coincides with the International Monetary Fund (IMF

$/BBL, a decline of 19.69 $/BBL, or a decline approaching of almost 40% from the previous quarter. This has affected the performance of the refinery business. Moreover, the Thai economy, especially

Dubai crude in Q1/2020 was at 50.41 $/BBL, a decline of 11.63 $/BBL, or a decline approaching almost 20% from the previous quarter. Moreover, the COVID-19 outbreak in Thailand caused demand for fuel

approaching and lower finance cost as a result of lower floating interest rate. Nava Nakorn Electricity Generating Co. Ltd. (NNEG) Shares of profit from NNEG increased by THB 18 million from Q2/2020 mainly due

Thai baht averaged at 34.30 THB/USD over the second quarter, an appreciation from 35.28 THB/USD in the same period last year and 35.12 THB/USD in the previous quarter. The Monetary Policy Committee (MPC

factors. Significant factors could include, for example, the impact of inflation, the impact of foreign currency fluctuations, and any governmental economic, fiscal, monetary or political policies or

31.92 THB/USD, weakening from 31.54 THB/USD in the previous quarter but remained stronger than 34.30 THB/USD in the same period last year. The Monetary Policy Committee (MPC) decided to keep the policy

gifts exceeding a minimal monetary value. 2.17 A CRA employee who becomes involved in a personal relationship (including, for example, a personal relationship with an employee of a rated entity, obligor

China Korea % of GDP Bill USD Source: ADB, AsianBondsOnline, BIS, Quarterly Review, Central Bank of China, Annual Report, Monetary Authority of Singapore, National Stock Exchange of India, and Thai bond