Thailand in 2023 growing only 1.9%, decelerating from 2.5% in the previous year, from a slowdown in public investment and public consumption due to the delay of government’s budget allocation, although the

second quarter of 2023 (%YoY) as a result of a slowdown in public investment and public consumption due to the delay of government’s budget allocation, although the exports improved from the previous

year, private consumption and the continued expansion of both private and government investment, while the headline inflation rate averaged of 1.7%-2.2%. The unemployment rate in 2Q/2023 was 1.06

which the supporting factors still being the continuous recovery of the tourism sector, the private consumption and the private investment, while the headline inflation rate averaged of only 0.1%-1.1

result, NESDB has revised its 2024 growth forecast to a range of 2.3%-2.8%. Key supporting factors include the ongoing recovery of the tourism sector, private consumption, and both public consumption and

problem of purchasing power and incomes which have not yet recovered. Furthermore the liability stayed in high level and this was slightly speeded up the consumption. Therefore, it affected the expense

“low season” of the year, the delay of domestic consumption recovery and the high household debt. This attributes to sale in 3Q18 were not achieve the target. 9M18 sales slightly decrease when compared

consumption recovery and the high household debt. The Company keeps focusing on house brand products to emphasize FN brand awareness and increase FN brand equity in a long run. The Company was able to maintain

activities of almost all sectors which have been disrupted, particularly the tourism sectors. The consumption of private sectors of almost all categories of the commodities was shrank. The employment and

economic slowdown resulting in declining export and plunging tourists’ spending especially Chinese tourists. The instability in Thailand politic and election in March 2019 slowed public investment. High