confidence; 3.) strong tourism growth mainly from higher international tourist arrivals, especially from the ASEAN region, despite a slight decline in Chinese tourist arrivals during the second half of 2018
agreement with two airlines: Xiamen Airline and Hong Kong Airlines. The new partnership would seamlessly enable passengers of both airlines to connect with world-class tourist destinations in Thailand such as
: International Air Transport Association). Thailand tourism industry in fourth quarter of 2018 grew at 4.9 percent. Tourist arrival from Southeast Asia region had the highest growth at 20.4 percent, followed by
mainly from higher international tourist arrivals, especially from India, Japan, South Korea, the ASEAN region, and recovery in Chinese tourist arrivals as a result of an extension for visa-on-arrival fee
of 2018, the number of international tourist arrivals increased by 3.2 percent from the same period last year. Tourists from South Asia had the highest growth rate at 7.1 percent followed by Africa at
: International Tourist Arrivals to Thailand January-August 2019 , Ministry of Tourism & Sports). The Company was fully aware of the situation and took actions by implementing new strategies and marketing plans to
number of tourist has increased, the traffic volume of the urban expressway slightly increased because the expressway users used the alternative routes due to the impact of the incompleted other projects
engaged in two distinct project management services – a tourist facility project in Maldives (starting in 3Q16) and The ESSE Sukhumvit 36 (starting in 3Q17). In 3Q17, the Company registered revenues from
other business operations, e.g. property/hotel management service, project management service, etc. As of 4Q17, the Company was engaged in two distinct project management services – a tourist facility
period last year (source: International Tourist Arrivals to Thailand April-June 2019, Ministry of Tourism & Sports). The Company was fully aware of the situation and took actions by implementing new