should support its hotel revenue growth in Guam despite an escalated political tension between North Korea and The United States. Dusit Thani PCL Management Discussion and Analysis 2017 P a g e | 8 Middle
economy, and the ongoing geopolitical tension. Although many risks are emerging, we believe that within these risks there are still opportunities for us, which we will adjust our business strategy soundly
-emerged and further strained tension on economy. Competition around data pricing with unlimited plan remained high and barred monetizing rise in data demand as well as stabilizing ARPU. However, mobile
oil price is further backed by concerns over supply after the replacement of the US Secretary of State, creating tension that the US may revisit its sanction policy on Iran with respect to the country’s
namely 1) Structural changes in Thai economy, particularly high level of household debt, that leads to low level of consumption 2) Escalating trade tension between US and the rest of the world, which could
household debt, that leads to low level of consumption 2) Escalating trade tension between US and the rest of the world, which could negatively impact export and investment 3) Less surplus of Thailand’s
number of Chinese tourists significantly rose by 11.0 percent in this quarter which resulted from the political tension between China and South Korea, causing the Chinese tourists to shift their 2 ASIA’S
. Given the intensified global trade tension, the October 2018 World Economic Outlook of the International Monetary Fund cut its global economic projection for 2018 and 2019 to 3.7 percent, compared to the
sales of asset in the Nikaho and Nagi project (total installed capacity of 27.6 MW) to the Infrastructure Fund, Japan. Additionally, the climate in Japan entered winter with fogs and mist in many areas
. The downside was mainly stemmed from the impact of export contraction affected by the global economic slowdown, prolonged US-China trade tension and the Baht appreciation. As for economic outlook in