, and among other countries interested in investing in the region, such as Japan and China. Overall, the Thai economy is heading towards a recovery path in line with that of the global economy, albeit

economic activity, which is on a recovery path. 1.2 Banking Industry and Competition In the second quarter of 2017, commercial banks recorded decreased net profit over-quarter and over-year. The decline

) maintained the policy interest rate at 1.50 percent. The Committee assessed that the Thai economy was on the path of recovery, while domestic demand recovery remained gradual and unevenly distributed. Headline

Projection by KResearch Ye ar -o n- Ye ar C ha ng e (p er ce nt ) 2 for almost all of 2018 to accommodate domestic economic activity, which is continuing along a stable recovery path. 1.2 Banking Industry and

to the first half of 2018 to accommodate domestic economic activity, which is on a recovery path. Thailand Economic Growth Sources: Office of the National Economic and Social Development Board and

1.50 percent for almost all of 2018 to accommodate domestic economic activity, which is continuing along a stable recovery path. 1.2 Banking Industry and Competition In the second quarter of 2018

broadband market continues to witness strong demand from remote working, while the entry price plan remained stable at around Bt400. In terms of competition, operators have emphasized quality service and

integration of acquired businesses, the start of earning recovery in our high-volume Necessities business and our stable but higher-margin HVA business. We delivered record earnings and cash flows and expect

work and learn, while the entry plan remained stable around Bt400. Discounts were also offered to new customers or those switching service provider, resulting in a decrease of the industry’s ARPU from

of utility services in Q1/2018 compared with those in the same period of 2017, (while utility service income is stable), are attributable to the road and water system repairing cost. ▪ An increasing