Yai, Chachoengsao and Rayong Branch (which started operating since 1 November 2018)). Industry Overview In 3Q18, Thailand’s overall economic growth accelerated from all major spending categories
statements of the Company for the 2nd quarter of fiscal year 2019 ended as of June 30, 2019, which can be summarized as follows: Thailand Automotive Industry Q2 January – June 2019 2018 % Change 2019 2018
private consumption and private investment. Private consumption grew notably in durable goods segment (especially in vehicles) while growth in non-durable and semi-durable goods contracted partly from the
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
driven by improving domestic economic conditions, bouyant exports and the tourism sector. The market expects private consumption to have expanded, with higher spending on durable goods – particularly
sectors, consumption and investment continued to recover, though not yet at broad-based level. Domestic consumption recovered in the durable goods section especially in the vehicles and service sector from
, consumption and investment continued to recover, though not yet at broad-based level. Domestic consumption recovered in the durable goods section especially in the vehicles and service sector from tourism
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
statements. Overall market environment The Thai economy during the third quarter of 2018 continued to expand particularly from domestic demand. Private consumption grew mainly from the durable goods segment