volatile during this quarter. However, Thailand’s financial stability was satisfactory due to a high current account surplus and rising demand for imported raw materials used in export-oriented manufacturing

: (1) perform due diligence, screen legitimate ICOs from scams, screen deals for viability and digital token distribution structure; (2) verify source code / smart contract against white paper; (3

1 1Q18 MD&A Advanced Info Service Plc. Executive Summary Expand into potential growth areas of enterprise and mobile money AIS has executed two strategic deals totaling Bt4.2bn of cash transactions

referenced crude oil price of every products; stemming from a state of excess supplies of finished products in the market, and declining demand from the 4 Management Discussion and Analysis of Business

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

inflows into Thailand thanks to its economic stability, as evidenced by an ongoing current account surplus – albeit at a decelerating rate amid the global trade slowdown, as well as the relentless rise of

. Harsh weather also deals a serious blow to households’ properties and quality of life. These extreme events – exacerbated by man-made pollution – 5 have lately triggered the PM 2.5 fine dust particle

%, part of which contributed from the successful deals with new partners in new export markets including Australia and Libya. Under these circumstances, the Group’s aggressive marketing policy to expand

Bt1,551mn, decreasing -2.4% YoY and -0.8% QoQ from other service revenue while enterprise business growing 2.2% YoY and 0.7% QoQ from focusing resources on deals and products that generate higher margins

severe flooding or heavy monsoon rains also deals a serious blow to households’ properties and quality of life. These extreme events would inevitably hurt demand for financial services as well as borrowers