, domestic demand would be restrained by elevated household debt, some signs of moderation in earnings and employment in the export-related manufacturing sector, as well as public spending and public
to grow slower than forecasted. It was mainly due to the weakening export sector which attributed to the declining demand worldwide, resulting in the stagnant economic growth in several major trading
1 percent. The main reason came from the sales of furniture products decreased since the 1st quarter. However the export sales of furniture products in term of USD currency was approximate when
Thaieconomywould expand 4.1% in 2018. Key growth drivers included growth in export value 7% YoY andgrowth in number of foreign tourists 6.2% YoY, or expecting 37.6mn tourists this year. The domestic consumption is
continued to gradually expand in the second quarter, driven primarily by the export and tourism sectors, as well as an increase in the price of rice after a prolonged period of stagnation. However, these
due to Thai baht strengthens from the fact that Company has the portion from export sales about 52 percent. 2. Cost of goods sold and expenses : Consolidated Unit: Million Baht Information of the 2nd
quarter is usually the low season for retail businesses, due to the impact of the rainy season, with frequent downpours causing a slowdown in customer traffic. Although the export and tourism sectors
the Company and its subsidiaries as follows: Thailand Economic Q3/18 review and outlook Thailand economic in the third quarter of 2018 continued to grow from strong expansion of Thailand’s export sector
-18.75% Import 9,015,593 9,380,190 4.04% Export 1,312,170 1,106,611 -15.67% Consumption 14,763,092 14,009,331 -5.11% Source : Iron and Steel Institiute of Thailand, by Steel Business Intelligence Bar