compared with selling expenses ratio of 2.15 percent of sale and service in the same period of the previous year. This higher selling ratio was mainly due to contraction of sale by 42.8% in the three months
government such as travel restrictions and the closure of venues considered high-risk areas including department stores, it is expected that the Thai economy in 2020 will have a severe contraction with latest
% growth in the previous quarter, as a result of private consumption and public investment showed contraction while export of goods, private investment and government expenditure expansion. In addition, the
increased 0.3% QoQ and reached 45.6mn, representing a total net addition of 157k subscribers in this quarter. Prepaid subscribers decreased 138K, or -0.4% QoQ, from a contraction of consumer purchasing power
global economy due to financial market tightening and macroeconomic headwinds which created contraction risks, especially for Thai export sectors. Nonetheless, private consumption showed a sign of
% slightly increasing from 6.18% last quarter although the default receivables in credit risk (Stage 3) is stable from the previous quarter, however, due to the contraction of total account receivables, as a
. Continued elevated levels of household debt will likely contribute to a contraction in private consumption, while private investment is also expected to fall as the business sector delays investment in order
. Thailand economic situation in 2020: the Bank of Thailand has recently downgraded the forecast of Thailand's full-year economic outlook to a 8.1% contraction due to impacts from COVID-19 pandemic. The