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capital outflows from the Thai market. Given the healthy Thai economic fundamentals, as evidenced by revived economic activity, a rising inflation rate and current account surplus, however, Thailand may
poised to maintain its key policy rate throughout 2019. Given the Thai economy’s strong fundamentals, risk- averse investors thus put greater weight on Thai assets, as evidenced by ongoing capital inflows
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...