tourism sector has grown at a slower rate in response to the weakening global economy and the stronger Baht. In addition, private consumption grew at a slower pace and private investment shrank as a result

31.92 THB/USD, weakening from 31.54 THB/USD in the previous quarter but remained stronger than 34.30 THB/USD in the same period last year. The Monetary Policy Committee (MPC) decided to keep the policy

line with the softened household spending as a result of lower income, unemployment situation, and weakening consumer confidence coupled with the already high household debt level. Private investment

wide range of economic activities, weakening purchasing powers, lowering household income, increasing number of laid off labors, high debt burden, and lowest consumers’ confidence in more than 21 years

merchandise exports contracted in response to the weakening global economy and sustained Baht appreciation. In addition, the contraction in merchandise exports has affected private consumption and investment

) Easing of the financial conditions – although the policy rate and interest rates have been at a low level but liquidity in the business sector is still at the low level especially for SMEs business. This

crowding-in of private investment. 3) Easing of the financial conditions – although the policy rate and interest rates have been at a low level but liquidity in the business sector is still at the low level

. The MPC deemed the easing in monetary policy since the beginning of the year, as well as additional fiscal, financial and credit measures, will help mitigate the effects of the pandemic and support

gradually pull back on their quantitative easing programs. Interest rates will rise, affecting Thailand’s financial environment although at the same time the Thai economy is still likely to expand

capital of B 14.00 at the p 718,405.00 sh Association of 1 e Board of Di eral Meeting of Utilizing Pro 53-4) ding the Alloc n Public Com 2019, the B aordinary Gen Baht 184,907 easing the num es at the par