Pte. Limited, paid for share capital totaling AUD 15 million or equivalent to Baht 342.97 million, in the proportion of investment of 100 percent. 1.3 The Expansion of Electricity and Steam Generation

experienced moderate growth amid global economic uncertainty, driven by the expansion of private consumption and tourism sectors, while the purchasing power of the grassroots consumer remained challenging. AIS

foods and desserts from reputable proprietors to be sold in various branches, and participating in the “Taste, Shop, Spend” program launched by the government. Overall, from the expansion of branches, the

rose by 5.5 percent to Baht 13.2 trillion (79.1 percent of GDP) as of the third quarter of 2019, weighed on household purchasing power. However, in the second half of the year, the government rolled out

attributed mainly by number of factors, namely 1.) Growth in Tourism sector from visa-on-arrival measure and Hong Kong disturbance which reflects an increasing in tourists 2.) Government spending for

confidence and business sentiment. The continual expansion could help offset the slow disbursement of public investment in this quarter. All in all, economic drivers continued to improve particularly

Discussion and Analysis For the Three-month and Six-month Periods Ended 30 June, 201" Page 1 (Translation) 1. Significant events of the , nd quar ter of 2018 1.1 The Expansion of Electr icity and Stream

. Government enforced fully lockdown with varying degree of restriction within the 2Q causing significant economic impact. For telecom, new subscriber acquisition as well as handset sale remained weak while

. In 2018, the Thai economy has grown at a continuously solid level with a GDP expansion of approximately 4.1% YoY. The growth is attributed to a number of factors, namely 1.) strong export growth

. In 2018, the Thai economy has grown at a continuously solid level with a GDP expansion of approximately 4.1% YoY. The growth is attributed to a number of factors, namely 1.) strong export growth