%, increasing from 2.64% at the end of last year, due to the announcement of the Monetary Policy Committee (MPC) to increase the policy interest rate from 0.50% in 2022 to 2.50 as of November 2023 and the rate

sharp contraction in the first quarter of 2020 as economic activity was crippled due to efforts to control the spread of COVID-19. The World Economic Outlook of the International Monetary Fund estimated

31 December 2019, BAM has Total assets of Baht 115,789.67 million) In 2019, BAM foresees the economic growth to be maintained at low level and that there will be an ample supply of NPLs and NPAs coming

3Q17, the forth- coming completion of the ethylene cracker in USA later this year and the expected doubling of IPA volumes in 2018 will further enhance IVL’s unique feedstock portfolio. The completion of

which has low cost but high in proportion. The total sales expenditure and administration were Baht 304.05 million. It decreased 2.54% from previous year coming from the category of employees and

hotels decreased. The continuing increase in international tourist arrivals coming to Thailand was a key factor in driving the ongoing growth in achieved average occupancy for the Hotels Business during Q3

selling price. (Previously, the Company set provision for loss on purchase orders for undelivered raw material because the average raw material cost coming for production is higher than average selling

in up-coming quarter. Food center services business Central Pattana Public Company Limited Management’s Discussion and Analysis (MD&A) Page 9 of 15 Revenue from Hotel business decreased 32.9% YoY, cost

exchange rate was 31.30 THB/USD, stronger than the level 31.62 THB/USD during the same period last year, but weaker than 30.28 THB/USD seen in the previous quarter. The Monetary Policy Committee (MPC

the monetary policy, at the meeting on December 24, 2019, the Bank of Thailand (BOT) revised the inflation target from a point target of 2.5% with a band of +/-1.5% which has been set since 2015 to a