the revenue based on the past operating results and taken into account the average growth in spending in the industry. Therefore, the Board of Directors is of the view that the assumption of revenue
uncertainties that could pose a risk to the Group include changes in government and political strategies which impact consumer attitudes and spending, changes in 8 client purchasing power and the value of
equity funds find it challenging to outperform the market total return benchmarks. Delisting/merging is very rare. Periods Large & Mid/Small-Cap Equity Funds Large-cap Equity Funds No. of Survival Funds
“kreng jai,” which refers to Thais’ unique behaviors of refusing requests less, showing agreement more, challenging other people less, and avoiding confrontation more, communication in the Thai language
, coupled with high excess production capacity, resulted in a contraction in private investment. However, public spending continued to grow from current expenditure through disbursals for public health
weaken. Although the government has policies to help the cost of living of people at the grass-roots level, it focuses on spending of the essential consumer products only. In addition, there was a factor
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
advertising company were more conscious in spending through advertising. 4) Other income was Bt198mn, an increase of 48.9% YoY, mainly from increasing in the number of “Boonterm kiosk" and the growth of the
government spending and economic stimulus measures such as the reduction of personal income tax rates and adjustment of minimum wage, including investment in large infrastructure as well as the government
was negatively impacted by an unexpected event in Malaysia, where a government-linked sector that is one of our major clients in airport advertisement has cut back its spending due to the country’s