lower current account 2) Central bank monetary policy - gradual tightening of monetary policy could help ease pressure on Thai Baht. However, over- tightening could lead to rise in Thai money market rates

tightening of financial institutions in loans approvals due to the deteriorations in asset quality. Private investment contracted in the investment in construction from the decline in permitted construction

especially in durable goods which showed significant contractions since the second quarter onwards from the contractions in vehicle sales. Key factors include the weakened household income and tightening of

compared to Q2/2017 rose by 22.39 $/BBL, a result of the global oil market tightening, after OPEC constantly reducted oil production at rates which exceeded initial agreement, which led to global OECD oil

the Company being able to maintain the profit margins from sales and tightening of hire purchase loans as well as increasing in the proportion of Auto Loan (Car4Cash). After the capital increase in the

Central Retail Corporation Public Company Limited Management discussion and analysis /Page 1 Management Discussion and Analysis Economic overview The tightening of COVID-19 containment measures in

the need of low-end segment amid economic difficulties. Home broadband, on the other hand, received strong demand from consumers needing to work and study at home amid the government’s tightening

of slower-than-expected growth of the Chinese economy, political risks in Europe, and the impact of tightening global financial conditions. In spite of the weaker external sector, lower average oil

Q1/2017 increased by 10.93 $/BBL with respect to the global oil market situation tightening, after OPEC consistently followed through with their measures to reduce oil production more than the level

4) Monetary tightening as the Bank of Thailand (BOT) signaled raising the interest rate in the period ahead while financial market rates are on an upward path. However, the Bank in-house research