maintained its growth momentum. Similarly, Thailand’s major economic indicators continued to exhibit growth, as evidenced by brighter exports, government spending and private spending on certain items of
GDP meanwhile income and wages did not exhibit high growth rates. However, most of retailer concerned about that and recognized that the consumers concentrated on conservative spending by limited only
. Merchandise and services exports were expected to exhibit slower growth than the previous assessment. Tourism sector was also expected to expand slower. Private consumption was expected to be weighed down due
exhibit a slow growth, increasing 4.2% from last year. The number of Chinese tourists which made up 28% of total tourist arrivals recovered in the second half of the year with growth of 4.4% for total year
still exhibit a decline of 2.2%. Although the economy is showing signs of recovery in many areas, factors that still need to be monitored include 1) the continuing trade tensions between the US and
exhibit a slowdown. The tourism sector was impacted by the Phuket boat incident and partly resulted in, after seasonal adjustment, the continued decline in the number of foreign tourists during the month of
consumption, albeit expanding, began to exhibit decelerating growth following a recent ramp-up in spending on durable goods. Likewise, private investment remained weak pending more apparent signs of economic
1 (-Translation-) Ref. No. IRS.025/2019 October 31, 2019 Subject Acquisition of Shares in Hello Bangkok LED Co, Ltd., which is an Assets Acquisition Transaction of the Company, Issuance and Offering of the Newly Issued Ordinary Shares of the Company through a Private Placement which is a Connected Transaction, Capital Reduction, Capital Increase, Entering into the Right to Sell Advertising Media Agreement which is a Connected Transaction, Appointment of the Independent Financial Advisor and Call...