tourists holding DA to convert them to Thai baht for spending in Thailand via electronic payment systems (e-money) efficiently. This initiative runs for 18 months and aims to provide an additional option for
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
1 MD&A 2Q 2017 (Ended 30 June 2017) MASTER AD PLC MANAGEMENT DISCUSSION & ANALYSIS 2Q 2017 1 AUG 2017 MEDIA INDUSTRY AND BUSINESS IMPACT ANALYSIS Advertising spending reported a decline of 1.4% QoQ
remains sluggish, resulting in the contraction of advertising expenditures by 11.4% YoY to 26,351mn in the third quarter of 2017. Overall advertising spending was weighed down by TV sector (Analogue TV
aforementioned impact and economic uncertainties, which led several businesses reduce their advertising spending. Domestic advertising revenue was THB 97mn, a decrease of 62.9% YoY. International advertising
well as the expected boost from spending leading up to the elections slated in 2018. For 2017/18 as a whole, we reiterate our revenue forecast for the VGI Group at THB 4,000mn. ………………………………….. Chitkasem
generated a slight increase in service revenue (+2.1% YoY and 1.4% QoQ). Our mobile business was flat both YoY and QoQ driven by soft consumer spending offset by our movement to retain market share and build
% in the first quarter of 2023 (%YoY) as a result of a slowdown in private investment and exports as well as a decline in public investment and government spending due to the delay in the new government
-19 outbreak and to alleviate economic downturn. Although, many countries have gradually relaxed the lockdown measures, and businesses resumed their operations, consumer spending is still not yet fully
weak economy, reflecting in fragile consumer spending and sentiment. Several research houses have subsequently revised down the GDP growth forecast below 1% with the view of prolonged impact toward year