quite stable. Absence of total transaction costs After including total transaction costs • The amount of arbitrage of opportunities reduced significantly. • The total transaction costs consisted of

stable coin (ยกเว้นเฉพาะ broker/dealer/IA) ▪ Cryptocurrency** ▪ Utility Token (พรอ้มใช)้ SEC Classification : ใชภ้ายใน (Internal) การส่งเสริมการระดมทุนในรปูแบบดิจิทัล 6/6 เพ่ิมความหลากหลายของ product ยก

including coins in games or points to redeem for products or services are not regarded as operating digital assets businesses . For providers who service trading digital assets with Thai baht pegged stable

spectrum licenses as well as lower interest- bearing debt QoQ. Average cost of borrowing stood at 3.0% per year. Profit In 1Q19, EBITDA was stable YoY at Bt18,906mn due to higher network OPEX and SG&A

parts. The prospect of lower oil prices is likely to push down headline inflation in 2019, while core inflation is expected to be stable, reflecting more modest growth in private consumption. It is likely

Thailand remained stable. Capital funds and reserves were at a high level and were able to support the challenges of uncertain economic conditions. The performance of the Thai banking system improved, mainly

V3 22/02/61 10:09 น. 0 V3 22/02/61 10:09 น. 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in 2017 In 2017, Thailand’s real GDP grew by 3.9 percent, up from 3.3 percent in 2016 on the back of rising exports and a robust tourism sector, consistent with a stronger recovery in global demand. Headline inflation rose to 0.7 percent, following higher energy prices, while core inflation, which excludes energy and food prices, increased by 0.6 percent due,...

regulators and policy makers to further develop a sound, stable, resilient, and inclusive financial sector to support national economic growth and recovery from any economic shocks such as the adverse impact

SME loans will be relatively stable compared with the previous quarter. Demand for consumer loans is likely to decrease significantly due to the Covid-19 outbreak and public health measures. Some

% Inventories 9,461 7,684 7,297 23.1% 29.7% Investments in associated 536 593 0 (9.5%) N/A Consolidation goodwill 438 450 307 (2.5%) 42.9% Property, plant and equipment 8,177 7,302 5,966 12.0% 37.1% Other assets