. Moreover, the natural resources business group realized loss on foreign exchange of THB 99 million from loan to subsidiary, after Thai Baht appreciated against US Dollar in this quarter. Management
Management and Risk Factors 2.1 Credit Risk Management In the third quarter of 2017, the Thai economy enjoyed better-than-expected growth on upbeat exports in line with trade partners’ economic improvement, a
E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2019 In the first quarter of 2019, the Thai economy continued to sustain its growth. Overall, however, it was plagued by weak exports and tourism amid the global economic slowdown. Aside from these challenges, businesses had to contend with more complex competition, regulatory changes, and technological advancements which affected consumer behavior. KASIKORNBANK has e...
E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending June 30, 2019 The Thai economy faced increased headwinds in the second quarter of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened amid high household debt, whereas public investment and the government’s budget disbursement were aff...
-interest income, derived mainly from an extraordinary item from the sale of a bank subsidiary. Meanwhile, net interest income enjoyed ongoing growth, albeit at a decelerating rate, due in part to a reduction
growth in line with improvement in the overall global economy. Moreover, domestic spending enjoyed promising growth, as evidenced by brighter consumption, private investment and public spending. Overall
quarter of 2019, Baht appreciated with the average exchange rate of 31.62 THB/USD, compared to 32.81 THB/USD in the previous quarter. The Monetary Policy Committee (MPC) maintained the policy interest rate
taste of Thai culture appreciated by Malaysians. Central i-City features a strong line-up of renowned local and international brands, namely SOGO department store, Village Grocer premium supermarket, TGV
percent. At the same time, core inflation was 0.54 percent, down from 0.76 percent in the same quarter last year and 0.62 percent in the previous quarter. The Baht appreciated with an average exchange rate
Thailand’s (BOT) target range of 1-4 percent. At the same time, core inflation was 0.45 percent. The Baht appreciated with an average exchange rate of 30.70 THB/USD compared with 31.58 THB/USD in the previous