years. The main factors that contribute to the rate hike are to curb financial stability risks and to start building policy space. In the auto industry, expansion continued during 2018 with total number
contribute to the rate hike are to curb financial stability risks and to start building policy space. In the auto industry, expansion continued during the 11 months of 2018 with total number of car sales at
private consumption and tourism sector, despite slow government budget disbursement and structural headwinds. The mobile industry maintained positive sentiment due to growth led by the prepaid segment and
growth in exports 2) political uncertainties which may inhibit investments and consumptions and 3) high level of household debts still limiting consumptions. For the auto industry, expansion continued
which affected employment and domestic demand*. However, the Company sees that the lower interest rate gives a positive impact to overall real estate industry due to a potential lower cost for both, real
provide an opportunity for overall real estate industry due to a potential lower cost for both, real estate developer and buyer. The Company’s focus is on developing projects to serve real demand for
completed and the construction of various buildings has progressed by more than 84.63% of the total construction. At present, the project is in the process of the development of utility system including the
Contents Page Executive Summary A 1. Overview of Operating Environment 1 1.1 Global and Thai Economy in the Second Quarter of 2017 1 1.2 Banking Industry and Competition 2 1.3 Regulatory Changes 3 2. Risk