second quarter of 2023 (%YoY) as a result of a slowdown in public investment and public consumption due to the delay of government’s budget allocation, although the exports improved from the previous

budget on luxury goods thus delaying the purchase of IT products. The significant decrease in sale revenue was mainly attributed to Branch sales, which decreased by THB 701.92 million. This decline is a

for IT products, posing pressure for consumers to reduce their budget on luxury goods thus delaying the purchase of IT products. The significant decrease in sale revenue was mainly attributed to Branch

including utility bills and tax campaign which temporarily stimulated the private consumption. Nonetheless, inherent risks lay in structural challenges such as high household debt, delayed government budget

Thailand in 2023 growing only 1.9%, decelerating from 2.5% in the previous year, from a slowdown in public investment and public consumption due to the delay of government’s budget allocation, although the

year, because of this group of products, most of them were sold to commercial customers, mainly government agencies. This group of customers must wait for the government budget. According to the fiscal

decelerating rate from 1.9% in the previous year, due to the delay of government’s budget allocation. Hence, the NESDB has cut down its growth forecast for the Thai economy in 2024 to the range of 2 .0%-3.0%, in

retail financing. As a result, this segment experienced a notable decline in both sales and production. Additionally, the delay in the approval of the 2024 fiscal budget to October 2024 led to a slowdown

quarter of year 2024 6 the postponed 2024 budget. While demand for new vehicles remains solid, it is currently delayed due to stricter financing options. It’s important to emphasize that the company

of recovery due to interest rate cuts and increased government budget disbursements. Additionally, the launch of the iPhone 16, featuring Apple Intelligence, which introduces a revamped camera control