, which helped support investors’ confidence. This is despite the fact that this factor, coupled with the stable policy rate, resulted in increased volatility in money and capital markets as well as foreign

helped us to achieve our business goals, while also appropriately maintaining asset quality. Major initiatives in this quarter are as follows.  Multi-Corporate Business Prioritizing customer needs in the

decreased electricity and steam sales revenue from our operational management of existing capacity to meet industrial customers' demands during GE Phase 5's downtime. However, lower natural gas cost helped

segments to product domains and multiple service channels – so that customers’ financial service needs are efficiently met by our solutions. These undertakings helped us to achieve our business goals, while

developments in audit regulatory environments, and this in turn helped us in the design and execution of our In August 2014, the SEC participated in the Public Accountant Conference (“PAC”) on “Financial

our focus on supporting and organizing training sessions, seminars and updates on new developments of Financial Reporting Standards. In 2017, more seminars and training sessions helped to strengthen the

problematic given the general volatility of global financial markets since 2007. The Principles include a range of good practices The scorecard pre- pared by the Thai IoD has helped motivate better corporate

helped offset the impact from cancellation of fees for funds transfer via digital channels. Most commercial banks remained cautious in setting aside allowance for impairment loss on loans as loan quality

E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business sector remained challenged by new modes of competition in a broader marketplace amid the advancing digi...

E_1 Legal_FA_2015_12_29-c A WCorpL4.1hig A Executive Summary of Management Discussion and Analysis 1 For the Year Ending December 31, 2018 In 2018, the overall Thai economy maintained its growth due largely to healthier growth of exports and tourism, especially in the first half of the year. Meanwhile, the government continued to implement measures to promote and strengthen the domestic economy through support of investment and private spending as well as bolstering opportunities for other econo...