demand faced contraction in the same direction as private consumption on durable goods and services significantly contracted because people avoided going outside. Other fators include the suspension of a

appreciation. Private consumption grew at a slower rate than in the first half of the year, especially spending on durable goods in line with a contraction in domestic vehicle sales. In response, the government

also embarked on a journey to make the organization ready for the future. Initiatives in this regard include the recent strengthening of the management team with the recruitment of the Chief Strategy

continued growth aspirations, IVL has also embarked on a journey to make the organization ready for the future. Initiatives in this regard include the recent strengthening of the management team with the

durable goods. The Thai economy hence showed ongoing improvement from the first quarter. Nonetheless, the economic expansion, which was still limited and uneven, affected the performance of KBank and our

of QR payment for a BTS Skytrain single-journey ticket, and privileges offered for QR payment at participating UNIQLO outlets.  High Net Worth Individual Determined to perform at the standard of an

&A 4 Strategic Investments IVL continued in its earnings accreting growth journey through several acquisitions and organic imperatives with an overall capital investment of $2.26 billion in 2018 which

better in some products, especially durable goods, but overall purchasing power remained fragile overall. Both household and industry sentiment remained somber, indicating that the Thai economic recovery

consumption, albeit expanding, began to exhibit decelerating growth following a recent ramp-up in spending on durable goods. Likewise, private investment remained weak pending more apparent signs of economic

tourist arrivals and tourism receipts, as well as manufacturing production. Meanwhile, private consumption continued to expand, which was derived mainly from increased expenditures on durable goods