strength as well as effort to maintain monetary return in the eyes of shareholders. Page 3 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 The Company has adopted
downwards the 2020 GDP forecast in their Monetary Policy Report, saying the economy was likely to contract by 8.1%. Although Thailand has successfully controlled the spread of COVID-19 so far, leading to a
last year, with the 9M/2023 average funding cost 2.97%, increasing from 2.64% at the end of last year, due to the announcement of the Monetary Policy Committee (MPC) to increase the policy interest rate
%, increasing from 2.64% at the end of last year, due to the announcement of the Monetary Policy Committee (MPC) to increase the policy interest rate from 0.50% in 2022 to 2.50 as of November 2023 and the rate
compared to Q4/2017, with respect to the increased demand for crude oil during the winter in Europe, leading to higher utilization rate amongst refineries in the region; driving up price of Dated Brent as
Asia region which encountered typhoons, and lower Indian imports of Mogas during the rainy season. As well as, the new Vietnamese refinery, “Nghi Son” has begun to export Mogas for the first time
Investment Schemes (2) กรณีเป็นหน่วยลงทุนของกองทุนรวมที่เสนอขายภายใต้โครงการ Asia Region Funds Passport ต้องไม่เกินกว่าระยะเวลาที่กำหนดตาม Annex 3 : Passport Rules ของ Memorandum of 
Administrative Region of the People's Republic of China and being the licensee who is authorized to broadcast live Premier League, UEFA Champions League and La Liga (“Football Leagues”) in Philippines. For the
accumulated world crude steel production in 2017 was 1,691.2 million tons, significant increase by 5.3% compared to 2016. The region with most production in 2017 was Asia (including China, but not including the
Administrative Region of the People's Republic of China and being the licensee who is authorized to broadcast live Premier League, UEFA Champions League and La Liga (“Football Leagues”) in Philippines. For the