important economic growth driver. For the banking sector in the year 2017, overall commercial bank loans expanded at a greater pace than the previous year, in both corporate and consumer loans, in line with
remained the main growth driver, while private investment expanded at a slower pace than previously assessed. The value of merchandise exports continuously decelerated from the previous quarter due to the
remained the main growth driver, while private investment expanded at a slower pace than previously assessed. The value of merchandise exports continuously decelerated from the previous quarter due to the
tourism sector, which is a key driver of the Thai economy in recent period, grew moderately owing to the growth in the number of tourists of most nationalities; especially tourists from ASEAN countries. For
driver supporting the Thai economy. However, tourism sector remains highly contracted for the second consecutive quarter due to no entry of foreign tourists during international travel restrictions of
E_1 Legal_FA_2015_12_29-c A CorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which contracted further due to the stronger Baht and a global economic slowdown. In addition, the investment environment of both the public and private sector remained weak, and private consumption, albeit gro...
E_1 Legal_FA_2015_12_29-c A FFeeCCoorrppLL44..11hhiigg A Executive Summary Management Discussion and Analysis For the Quarter Ended September 30, 2017 The Thai economy maintained steady growth in the third quarter of 2017, buoyed largely by tourism and exports. Nonetheless, the economic recovery was not broad-based, as evidenced by sluggish private consumption. While certain businesses were still fragile, others remained mired in uncertainty in terms of new modes of competition, a broader market...
various industries by enabling them to improve their performance. 5G technology is expected to be a key driver for the Internet of Things (IoT) and increase the country’s economic potential. It will do this
billion) of income, an 11.7 percent increase from 2016. The main driver of tourism income was spending by Chinese tourists. Meanwhile, global financial markets experienced occasional volatility amid
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