expansion for the year 2018 to be 4.5% from earlier projection of 4.2%. Despite the improving economy, there are challenges ahead namely 1) Structural changes in Thai economy, particularly high level of
due in part to the decline in export of electrical appliances, washing machines and solar cells from the US tax increase and the effect from high base of last year. Exports of electronic products also
improvements but certain limitations still remain 1) Structural problems in the Thai economy leading to a still low level of private consumption 2) The appreciation of Thai Baht due to the high current account
Wealth Management. For high net worth clients, other wealth management products are provided such as mutual funds and structured products. For 1Q18, the market share 1 of PSEC was at 4.7%, ranking 7 th
growth for the commercial vehicle segment and the passenger car segment growing at 3.8% and 25.0% respectively comparing to the same period last year. The high increased for the passenger car segment
farm and non-farm income. Public spending also increased from spending on goods and services and compensation expenses while capital spending declined from the high base effect of last year from the
decline is also partly due to the high base of last year. Public spending excluding transfers also declined from acceleration in disbursement during last year. Nevertheless, private consumption remains the
partly due to the high base of last year. Public spending excluding transfers also declined from acceleration in disbursement during last year. Nevertheless, private consumption remains the key driver with