Krone appreciating against the US Dollar, and recorded lower impairment. Due to the effects of COVID-19 which was spreading across countries around the world including Thailand. Despite the situation

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...

. Currency speculation further induced short-term capital inflows into the Asian region. Most Asian currencies appreciated against US dollar, and Thai baht was notably the most appreciating currency in the