for our operations due to the COVID-19 pandemic. We temporarily closed our stores in accordance to the government requirement in the second quarter. Going into this crisis, we had a well-developed
or is equal to 48.3%. Due to the Company’s branches, where located in department stores, were temporarily closed by the command of government since March 22 to May 16, 2020. Furthermore, to response to
UNOFFICIAL TRANSLATION “SEC Thailand is a recipient of Digital Government Awards 2020 and Honorable Mention of the 9th NACC Integrity Awards 2019” Office of the Securities and Exchange Commission 333
command of government since March 22, 2020. this situation has affected to decrease in the Company’s revenue dramatically. However, in this quarter, the Company had launched the new collections such as
the second half of the year. However, government expenditure was slightly decline as well as the contraction on agricultural and construction sector. The Thai economy in 2018 is expected to expand more
since real estate business is the significant driving force of the economy. The government has thus issued measures to boost the real estate market i.e. tax deduction of up to 200,000 THB for first time
by 3.2%, higher than 2.9% growth in 2015, according to data from Bank of Thailand and NESDB. This was mainly from acceleration of government expenditure and the recovery in both of farm income and
reservation in the 39th Bangkok International Motor Show was high, plenty of new model were launched especially the affordable price of SUV, increasing of private sectors’ investment, several infrastructure
, driven mainly by exports sector, private consumption, government spending and investment. In the fourth quarter, Thai economic growth is expected to be driven by government initiatives such as Low-income