arrivals for the first 8 months of 2017 totaling 23.5 million, an increase of 5.4%. Nevertheless, several domestic factors pending recovery still remain 1) Agricultural sector - with farm income showing
local steel products instead of imports. However, the policy encouraged to increase production capacity and supply excess capacity to other countries. This will create problems for the steel market in
global economy. For domestic sector, private consumption and private investment also showed positive signs with private consumption recovering strongly in the durable goods segment (especially in vehicles
economy. For domestic sector, private consumption and private investment also showed positive signs with private consumption recovering strongly in the durable goods segment (especially in vehicles) and
expand largely from domestic demands contributed both from private consumption and private investment. Private consumption grew notably in durable goods segment (especially in vehicles) while growth in non
-19 Interest coverage ratio (time)** 0.36 -1.03 4.22 ** =EBIT/Interest expense Dusit Thani PLC Management Discussion and Analysis For 1Q20 P a g e | 8 2020 Outlook In addition to the domestic and the
, comparing to the financial solution. We continue to see strong domestic demand in Thailand, customers are seeking good HR technology and catching up on the wave of HR digitalization. Increasing, more
over the next few months as we progress into more advanced stages of our projects. We continue to see good pipeline in domestic demand in Thailand for both HR and ERP projects. Other Income Other income
). Industry Overview The Office of the National Economic and Social Development Council (NESDC) reported that Thailand’s GDP in 2018 growth 4.1% YOY, driving by private consumption and investment. Although the
, social and environment responsibility and sustainable growth. The Company believes that the residential condominium sector of the real estate business is recently facing a slowdown as a result of domestic