%) 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
a more accommodative stance to shore up the economic recovery, in the wake of its policy rate reduction to 1.50 percent in the August 7, 2019 meeting. Thailand Economic Growth Sources: Office of the
6661 Fax: +662 661 6664 1 2019 IVL Performance Summary IVL registered volume growth of 18% in 2019 driven mainly by inorganic expansion. Industry-wide spreads declined to historical lows in 2019, leading
relation to the Institution relocation to support the business expansion in the future. In FY2019, there was higher loss sharing from Dusit Hospitality Education Philippines Inc due to increase of
relation to the Institution relocation to support the business expansion in the future. In FY2019, there was higher loss sharing from Dusit Hospitality Education Philippines Inc due to increase of
relocation to support the business expansion in the future. In FY2019, there was higher loss sharing from Dusit Hospitality Education Philippines Inc due to increase of administrative expenses. In FY2018, it
cases in Thailand tends to decrease while there are a lot of cases in other countries, the Company expects that the recovery of Thailand tourism industry in 3 phases. Phase 1: The next 6 months from now
. Governing law Thai law 7. Approved the expansion of the flexible packaging business in the amount of Baht 75 million, comprising the construction of a factory warehouse at Baht 35 million and the purchase of
may hinge mainly on recovery in economic activity. Amid the ongoing transition to the digital age in 2019, commercial banks may have to brace for intensified competition, especially in expanding their
Solutions) sector which rose 73.2% from those of previous year and 1.4 times from those of 2015. This was caused by the increasing demands in Asia and Europe markets following the recovery in EU economy and