schemes, growing domestic consumption and tourism. Factors that may affect the Thai economy in 2019, to name a few, are the slowing global economic growth, the inconclusive trade war between the US and
-2% Property, plant and equipment 1,941 1,781 +9% Investments in joint venture 8 5 +54% Other non-current assets 155 123 +26% Total non-current assets 2,103 1,909 +10% Total Assets 3,808 3,640 +5% Bank
MANAGEMENT DISCUSSION AND ANALYSIS FOR 2017 2 2. ECONOMIC SITUATION Thai economy continually expanded supported by every economic engine especially merchandise exports that were uplifted from global trade
167mn Impacts of Coronavirus Disease 2019 (COVID–19) COVID-19 is profoundly impacting the global economy, especially the hospitality sector which is the main business of the Company. Almost all of our
sustainable advantages for the longer term. These include signing off on a single source of truth with ONE ERP across our businesses, setting up a global shared services center in India, taking a deep dive into
economy continues to grow steadily despite a decline in export growth, primarily driven by a slowdown in global economy growth. Growth to the Thai economy is attributed to a number of factors, namely 1
Bank of Thailand). The overall global aviation industry in the first half of 2019, a growth in passenger traffic was supported by 4.7 percent increase in revenue passenger kilometers (RPK) where Europe
-changing consumer behavior. Given the increased degree of uncertainty in global economies and politics, businesses may have to contend with Thai Baht volatility and rising interest rate trends. Within this
Cash Equivalent for investing in Property, plant and equipment, capital reduction of the subsidiary in the Republic of Maldives, a sale of trading securities and a convert from prepaid rental on building