announced in many countries, severely impacting both the tourism service sector and related businesses. Meanwhile, merchandise exports shrank as the global demand weakened due to lockdown measures and supply
effectiveness of pandemic control and vaccine development, the economic damage may be worse than what was seen during the 1997 financial crisis. Given volatility in the financial market and real sector which had
167mn Impacts of Coronavirus Disease 2019 (COVID–19) COVID-19 is profoundly impacting the global economy, especially the hospitality sector which is the main business of the Company. Almost all of our
DEVELOPMENT PUBLIC COMPANY LIMITED ANI: Asia Network International Public Company Limited AOT: AIRPORTS OF THAILAND PUBLIC COMPANY LIMITED AP: AP (THAILAND) PUBLIC COMPANY LIMITED APCO: ASIAN PHYTOCEUTICALS
strong across-the-board growth. The business sector remained challenged by new modes of competition amid the advancing digital age and the rapid pace of technological advancement, together with the
mainly from the disbursement in construction and machinery purchase from the Royal Irrigation Department and Department of Rural Roads. Meanwhile, in the external sector, export expanded at a slower pace
seen growth recovery, driven by increased economic certainty and political stability, boosting confidence in both public and private sector spending. Key transformations continue in connectivity services
tourism sector characterized by an increase in foreign inbound tourists, especially from China due to more available direct flights to Thailand and Europe due to the Easter holidays at the end of the period
area and also from the decline in construction material sales in line with the slowed down in the real estate sector. Additionally, investment in machinery and equipment also contracted as exhibited by