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
with those standards as well. In case the association specifies the guideline, having obtained an approval from the SEC Office, regarding operational standards of intermediary ’s personnel, the
of an intermediary, the intermediary shall comply with those standards as well. In case the association specifies the guideline, having obtained an approval from the SEC Office, regarding operational
agreements (TFRS 16) which are effective in 2020. In addition, as a result of the pandemic of the Coronavirus Disease 2019 (COVID-19), the company has closely monitored and followed up the operational plans of
improvements in operational efficiency as well as marketing expenses. In this quarter, impairment loss of loans and debt securities increased by Baht 10,961 million. Compared with the fourth quarter of 2018, net
addition, the Company has adjusted strategic and operational objectives from intensively focusing on income from Government Projects. In the past, the Company experienced unstable cash flow and liquidity
at the Mumbai, India refinery, and the Replan refinery in Brazil, as well as the Vohberg refinery in Germany, which could take up to 2 - 3 months before becoming operational again. However, demand from