. Similarly, demand for housing loans and credit card loans is expected to decline further. In 2020, commercial banks should focus on assisting debtors, especially within the SMEs sector, in accordance with the
consumption from private sector. However, expenses from the government sector, and tourism industry sector continued to increase, partly benefited from the return of Chinese tourists, and a decline of the
economy expanded at a slower pace at 2.4% of GDP as compared to 2018 (reference: Office of the National Economic and Social Development Council). The decline is due to various factors, such as export
rate in the last quarter, due to the decline in the prices of fresh food and energy. Inflation is therefore below the Bank of Thailand’s target range of 1-4 percent. Core inflation registered at 0.47
while revenue from residential projects is expected to increase in 2H19 and accordingly with CPN’s business plan. In 2Q19, growth in the Thai economy decelerated primarily driven by a decline in export
Index Living Mall stores between 22 March and 16 May 2020, as well as the decline in home electric project sales. However, online sales continued to grow remarkably by 375.1% YoY, while home project sales
negative circumstances resulting in a consistent decline in the Stock Exchange of Thailand Index (SETI) to finally hit the base at 2. SECURITIES BUSINESS LH Financial Group Public Company Limited Management
percent. (Source: Ministry of Tourism and Sports). 3 ASIA’S BOUTIQUE AIRLINE For the overall Thailand tourism industry in 2019 increased only 4.2 percent. Tourists from South Asia region had the highest
decline from 31.3 % in Q1/2017 as a result of higher cost of goods sold as earlier explained. 45% 45% 49% 45% 48% 55% 55% 51% 55% 52% 25% 30% 35% 40% 45% 50% 55% 60% Q1/17 Q2/17 Q3/17 Q4/17 Q1/18 Brand
%, respectively, whereas, print media continues its multi-year decline, down 25.0%. The advertising spending in TV improved by 3.0% in 20182. Such positive trends in OOH and online have been fueled by lifestyle