The commercial banking sector in Thailand continues to face challenges from the business environment and ongoing changes in regulations. However, operating results in the second quarter of 2019 improved
-19 outbreak that will impact the current and future business operation, in which the Company has to prudently prepare the business plan and maintain sufficient liquidity in face of unforeseeable
sufficient liquidity in face of unforeseeable circumstances, the Company is adamant in maintaining shareholders’ return and return at present and in the long-term. The interim dividend was paid on June 12
face masks are provided to crew members and ground service staff to wear when on duty. In April 2020, the Company took part in supporting medical team of 57 people including doctors, nurses and
%) on a slower-than-expected recovery of the tourism sector. For the full year 2020, the Thai economy is projected to contract significantly and face several downside risks including (1) the prolonged
uncertainty from the COVID-19 outbreak that will impact the current and future business operation, in which the Company has to prudently prepare the business plan and maintain sufficient liquidity in face of
economic recovery once the outbreak is contained. Looking forward, the Thai economy will continue to face a high level of uncertainty so the MPC is standing ready to use additional appropriate monetary
stimulus measures to support the economy while the BOT has reduced the policy interest rate. Thai Banking Industry The commercial banking sector in Thailand continues to face challenges from changes in the
quarter came from the Polar Vortex in the US Gulf Coast in February, negatively affecting volumes. Management was agile in the face of disruption and successfully restarted all plants, with majority ramping
indicators) are the world’s blueprint to achieve a better and more sustainable future for all. They address the global challenges we face including poverty, inequality, climate change, environmental