E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction
of 33 years, to use in its business operation. One Sukhumvit 24 has also planned an investment in other types of real estate development business, e.g. hotels, serviced apartments, office buildings for
deeds numbered 386, 730, 1323, and 117548, for the lease term of 33 years, to use in its business operation. One Sukhumvit 24 has also planned an investment in other types of real estate development
achieve sustainable growth and returns while maintaining our long-term market leadership. Guided by our core strategies of “Customers’ Life Platform of Choice” along with “Customer Centricity”, KBank has
economy continued to expand. The main growth drivers were continued expansions in merchandise exports which expanded in various product categories and export destinations, and the swift recovery in tourism
of 2017 continued to recover, primarily supported by the expansion in exports and tourism. Exports registered an 8.0 percent growth year- on-year as a result of higher exports of various types of goods
conducive to the continuation of economic growth and was appropriate given the inflation target. However, the MPC cited that the need for currently accommodative monetary policy would be gradually reduced
previously assessed partly due to delay in infrastruture investment projects. The value of merchandise exports contracted due to weaker global demand as a result of slower economic growth in a number of major
previously assessed partly due to delay in infrastruture investment projects. The value of merchandise exports contracted due to weaker global demand as a result of slower economic growth in a number of major
investment picked up in line with the improved economic outlook, and with additional support from the government investment project even in this quarter its growth was lower than the assessment as the delayed