quality control systems are more likely to produce high quality audits. In light of this observation, it is crucial that when audit committees select an auditor, the quality of the audit works and the
, though actual implementation will likely be started from 2019 onwards. Nevertheless, there remain downside risks from an inclination towards protectionism, as exemplified by the US-China situation, and
and uncertainties that are reasonably likely to have material effects on the issuer’s net sales or revenues, income from operations, profitability, liquidity or capital resources, or that would cause
measures. Thailand’s economy in 2019 is likely to expand at a slower pace than the previous year. The BOT has forecast a growth rate of 3.3 percent as merchandise exports have contracted and revenue from the
means), relatives of the Seller shall not conduct any business which is alike or similar to NEXT, or competes or is likely to compete with NEXT, all the time in which the Seller holds the shares received
or any other means), relatives of the Seller shall not conduct any business which is alike or similar to NEXT, or competes or is likely to compete with NEXT, all the time in which the Seller holds the
COVID-19 would likely be seen around year- end 2020 or Q1/ 2021. The company believes that there would still be an ample supply of secured collateralized NPLs in the market for the company to continue
Q1/2020 was not a true reflection from the COVID-19 situation but rather the NPLs/NPAs accumulated from the past. The actual impact of NPLs /NPAs from COVID-19 would likely be seen around year- end
microprudential and macroprudential measures. Thailand’s economy in 2019 is likely to expand at a slower pace than in the previous year. The BOT lowered its growth forecast to 2.8 percent from 3.3 percent as
likely to be refined over time, as more information becomes available. However, certification will not be withdrawn retroactively from bonds certified under earlier versions of the Criteria. https