Thailand. The Bank of Thailand revised down the projection of overall economy for 2020 to contract 7.8% (as of September 2020) from the earlier forecast of 8.1%. But the fragile labor market, uncertain
year. The Bank of Thailand (BoT) also upgraded its GDP growth forecast for this year from -8.1% YoY to - 7.8% YoY. However, it revised down next year’s forecast from 5.0% to 3.6% (vs. our forecast at 3.4
positive following sovereign outlook in April 2020. On April 2, 2020, Fitch Ratings revised BBL’s ratings due to large-scale economic disruptions from the Covid-19 pandemic. Details of the Bank’s credit
in economic momentum, the Bank of Thailand revised down Thailand’s economic growth forecast for 2019 to 2.8% (as of September 2019); compared to previous projection at 3.3%. Moreover, the growth
-China trade negotiations and Brexit risks. The World Economic Outlook of the International Monetary Fund revised downward its global economic growth projection for 2019, to 3.3 percent from the previous
) estimating the world economy was on a direction towards the slowest growth since the 2008 financial crisis, and also revised their 2019 global economic growth estimate to just 2. 9 percent. Also, the
re: Board of Directors and the Article 31 under Chapter 6 re: Meeting of Shareholders. The details of which are as follows: The Company’s Articles of Association Current Items New/Revised Items Chapter
currently the Company’s Major shareholder, hold 66.00% stake in SUTG. Moreover, The Board of Directors Meeting of the Company No.9/2019 held on August 15, 2019 has approved the Loan for SUTG with revised
currently the Company’s Major shareholder, hold 66.00% stake in SUTG. Moreover, The Board of Directors Meeting of the Company No.9/2019 held on August 15, 2019 has approved the Loan for SUTG with revised
Amount and Term of Bond Issuance, and Determination of Date of the Extraordinary General Meeting of Shareholders No.1/2018 (Revised No.2) To: The President of the Stock Exchange of Thailand Enclosure: 1