sales proportion to modern trade stores and a slowdown in the economy and consumers’ purchasing power, thereby prompting the Company to launch more sales promotion to stimulate sales and, thus, causing a

for renovations to effectively utilized their space for working, learning, and carrying out their daily routines at home. Also, many restaurants have closed due to the COVID-19 crisis, prompting more

with the capital reduction to reduce the Company’s deficit and eliminate the share discount, prompting a final adjustment to the par value of the Company’s ordinary and preferred shares to THB 3.20 per

this year, which was the weakest of Asia, prompting Thailand’s net return on investment after inflation to outperform regional peers. Finally, Thailand’s economic and financial stability was strengthened

normalization of the Federal Reserve’s balance sheet, the impact of which will be more evident this year, will likely contribute to occasional volatility in capital flows, prompting businesses to manage their

raised its policy rate by a total of 1 percent across four occasions in 2018, prompting US Treasury yields to be on the rise. Given this, Thai bond yields saw an increase in tandem. The Monetary Policy

general election, those investors reduced their holdings of Thai bonds, thus prompting Thai bond yields to rise sharply. Meanwhile, US bond yields fluctuated in a narrow range due to investors’ optimistic

global crude oil price during June 2018, prompting the Company to prolong service station price adjustment to relief consumer burden. 3. The Company is still able to retain its second place market share in

around the globe turned cautious as investors resorted to increasing their holdings of safe-haven assets, prompting Thai and US bond yields to drop across all maturities. The Federal Reserve was thus

1.50 percent, though this was the first time in 22 meetings that the vote was split, prompting the market to be anxious that a policy rate hike may occur relatively soon. Meanwhile, US 10-year bond