during the COVID-19 pandemic dealt a severe blow to businesses and private sector employment. Only public spending continued to sustain the Thai economy. Regarding the Bank of Thailand’s monetary policy
remained sound as banks continued to closely monitor credit quality and maintained high levels of loan-loss provision, capital fund and liquidity to facilitate further credit expansion. Credit Rating LH
Industry In the first quarter of 2021, Thai economy continued to contract when compared to the same period last year, due to the new wave of the COVID-19 outbreak and containment measures strictly
financial reporting standards. Overall market environment The Thai economy for the first quarter of 2020 continued on a declining trend comparing to last year due primarily to the COVID-19 outbreak which
, e.g., supermarket, food and restaurants (only for takeaway), drug stores. Online sales continued to grow remarkably by 150.0% YoY. Gross profit margin from sale of goods improved outstandingly to
DHMC. DHMC operates Dusit Hospitality Management College in the Philippines. Property Development Business: • Mixed-use project, "Dusit Central Park": Continued on-track demolition of hotel buildings and
acceptable level on a continued basis by clarifying significant risks. In this regard, the Company may disclose the full version of the policy, operational framework and risk management plan on the Company’s
vision, objectives, goals or strategy on the operation of the Company, and identify the preventive measures at an acceptable level on a continued basis by clarifying significant risks. In this regard, the
. Continued elevated levels of household debt will likely contribute to a contraction in private consumption, while private investment is also expected to fall as the business sector delays investment in order
, particularly from large corporate and SME. However, the commercial banks remained cautious in lending as the loan quality continued to deteriorate especially SME loan. Overall NPL ratio increased marginally from