market serves as a mechanism to mobilize funds between businesses and investors, which can lead to business expansion, employment, and more competitive edge of local businesses. This translates into the
2014, due to decrease of salary, employment benefit, Doubtful debts, fees and other administrative expenses which are in line with the Company’s organizational management as aforementioned details. 4.3
performed in the last 400 days will be eligible to employees who worked for an uninterrupted period of twenty years or more and their employment were terminated due to retirement. This caused a onetime
. million Baht in 2015, accounting for 1.19%, because the Company had obligations for compensation paid to employees in case of employment termination under the labor law and post-employment contribution
-year average of 68.0 percent. Consequently, employment contracted by 0.7 percent. Private consumption slightly softened due to stagnant farm and non-farm income growth. Moreover, household debt, which
operations or significantly reduce employment. 3. More-severe-than-expected impact of the drought could affect farm income For banking sector in the first quarter of 2020, commercial bank loan expanded at a
during the COVID-19 pandemic dealt a severe blow to businesses and private sector employment. Only public spending continued to sustain the Thai economy. Regarding the Bank of Thailand’s monetary policy
. All of these prompted private investment to grow at a decelerating pace in tandem. Meanwhile, hefty household debt put a cap on private consumption, and income and employment, especially in export
impact from additional provision required for the compensation for termination of employment from 300 days to 400 days and the loss on Foreign Exchange from the strengthen in Thai Baht were brought the