positively, private consumption remained robust through amid still- weak inflation. On 10th July, a new cabinet was formed that should largely see policy continuation; however, given the coalition’s slim

central bank is likely to keep interest rates low for the foreseeable future. Economic indicators for June and the second quarter of this year suggested an expansion in private investment and consumption

through to the domestic economy. The downturn in the goods-producing sector intensified, while agricultural output continued to fall amid a lingering drought. Consequently, annual private consumption growth

tends to contraction more than expected. The decreased domestic and foreign demand resulted in a strong contraction in private investment and it also still contracted in almost all components except

result, Private investment has declined dramatically while the Tourism sector has not yet recovered. The overall economic support comes from the government spending. Both fixed expenses and capital

% (y-y) in the first quarter. The main supporting factors were the return-to-expansion of export goods and private investment. On the other hand, the third wave of the COVID-19 pandemic continues to

because an increase of export and private consumption, as well as an expansion of government investment. In addition, the domestic tourism sector also improved due to the government continued relaxing

amount of Baht 9,700 million with rating A- through private placement offering with over subscription 2 times amidst challenging market condition. The Debentures have a term of 2-10 years with effective

corporate debentures In October 2018, BGRIM issued senior unsecured and unguaranteed debentures in an amount of Baht 9,700 million with rating A- through private placement offering (the “Debentures”) with

, particularly in the export sector, the tourism sector, slowdown of private consumption and investment as well as the Baht’s ongoing appreciation. In 2020, Thailand economic growth will likely slowdown. There are