previous quarter. It declined -2.6% YoY as a result of price competition that remained earlier in the quarter before market pricing alignment in March. However, the YoY ARPU reduction was lower compared to
quarter continuously. Hence, the NESDB has cut down its growth forecast for the Thai economy in 2023 to the range of 2 .5 % which is lower than the earlier expectation, in which the supporting factors still
duties exceeding the earlier approval, the period of the previous approval shall end on the date when the latter approval takes effect; (b) in other cases apart from sub clause (a), the period of approval
latter approval for such position has the scope of duties exceeding the earlier approval, the period of the previous approval shall end on the date when the latter approval takes effect; (b) in other cases
the period of such approval has not ended, the following rules shall apply: (a) in case the latter approval for such position has the scope of duties exceeding the earlier approval, the period of the
has not ended, the following rules shall apply: (a) in case the latter approval for such position has the scope of duties exceeding the earlier approval, the period of the previous approval shall end on
stemmed from the relocation of the manufacturing base of hard disk drive to Thailand earlier. Meanwhile, public spending in capital expenditure slightly declined from the high base of last year. For export
various segments, the Bank in-house research has revised the Thai economic expansion for the year 2018 to be 4.2% from earlier projection of 3.8%. Despite the improving economy, there are challenges ahead
expansion for the year 2018 to be 4.5% from earlier projection of 4.2%. Despite the improving economy, there are challenges ahead namely 1) Structural changes in Thai economy, particularly high level of
equipment in line with the import of capital goods which partly stemmed from the relocation of the manufacturing base of hard disk drive to Thailand earlier. Meanwhile, public spending in capital expenditure