of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened

consumption and investment. The slower growth is expected to continue in 3Q19 since the external factors remain unsolved. Although private consumption was supported by sales promotion and government measures

period last year, especially in the tourism sector. However, exports and private investment – two major economic drivers – continued to slow in line with the sluggish global economy and trade volume amid

. Private consumption and investment tend to increase despite some of them slowdown from the outbreak of Omicron-type COVID-19. Public expenditures expanded comparing to the Q1-2021 due to capital

). Industry Overview The Office of the National Economic and Social Development Council (NESDC) reported that Thailand’s GDP in 2018 growth 4.1% YOY, driving by private consumption and investment. Although the

from US- China trade war, was another reason of decreasing of Chinese visitors. Thailand economic was favorably supported by domestic demand including private consumption and investment as well as

has deployed measures to stimulate short-term spending. Private investment also slowed due to a decline in the real estate sector. Meanwhile, the need for machinery investment was subdued due to lower

, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business

percent on the back of strong exports and tourism as well as the acceleration in public and private investment. Exports and tourism are expected to remain robust given the continuing recovery of major

capital. Investment value: 4,050 million baht (par value) calculated from the following information. Detail Paid up capital as at the signing date of UTA’s Public-Private Partnership Agreement (Million baht