-China trade negotiations and Brexit risks. The World Economic Outlook of the International Monetary Fund revised downward its global economic growth projection for 2019, to 3.3 percent from the previous
with its major trade partners, especially China. This factor is set to have an impact on the world’s economic recovery over the remainder of this year. The World Economic Outlook of the International
developments warranted a close watch, particularly in US politics, which were a drag on the implementation of economic stimulus measures and tax reform. In addition, Britain’s economic outlook was obscured by
prospects were apparent in the US, the Eurozone, Japan and many other Asian countries. The International Monetary Fund therefore upgraded its global economic projection for 2017 to 3.6 percent. The US economy
of 2018, close attention was paid to uncertainty surrounding US trade policy with its major trade partners, especially China. Most recently, the World Economic Outlook of the International Monetary
. Given the intensified global trade tension, the October 2018 World Economic Outlook of the International Monetary Fund cut its global economic projection for 2018 and 2019 to 3.7 percent, compared to the
Analysis (MD&A) Page 2 of 16 Major Events in 2018 The acquisition of GLAND, which has high potential assets, is an important step for CPN to become a leader in mixed-use projects The acquisition of shares in
lower domestic consumption. The forecast of economic slowdown indicates a potential impact on growth of power and steam sales to industrial clients in Map Ta Put, which may weaken. • The outlook of energy
Cash Flows Statement Accounting Business Performance Executive Summary Statement of Income 23 of Financial Position Environment Management 3 Financial Ratios 28 Executive management’s prospects to