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

statements. Overall market environment The Thai economy for the first 8 months of 2019 grew at a slower pace from both the domestic and external demands. Private consumption slowed down in almost all

. Overall market environment The Thai economy for the first 9 months of 2019 grew at a slower pace from both the domestic and external demands. Private consumption slowed down in almost all categories

slower rate consistent with economic slowdown. Personal loans still expanded. Meanwhile, loans to business contracted. Commercial banks were tighter in extending loans in line with economic conditions as

and actual financial results (Excluding 3BB impact) Guidance Actual performance Comparison Core service revenue Around 3-5% growth 2.5% Below guidance from macroeconomic condition, slower-than- expected

recovery during the latter half of this year. In the second quarter, the Thai economy saw slower growth of 2.3 percent, compared to the 2.8 percent in the first quarter. Broadly speaking, the Thai economy

prepared for the adoption of IFRS 9. Non-performing loan of the commercial banking system are projected to increase at a slower pace during the rest of the year. However, given its relatively high level of

, world trade volume, global economy, and Thai exports to grow slower than expected As of December 31, 2018, the country’s contracted capacity in 3 power authorities system was 48,990 megawatts, 15,790

, the value of merchandise exports expanded at a slower rate as the result of the economic slowdown in major trading partners, and the effect of protectionist trade policies between the US and China. The

economy expanded at a slower pace at 2.4% of GDP as compared to 2018 (reference: Office of the National Economic and Social Development Council). The decline is due to various factors, such as export