on impacts from volatile international capital flows, which would have repercussions for foreign exchange movements and funding costs. The Thai economy in the second quarter of 2018 exhibited ongong
market. Nonetheless, the highly volatile environment has led some investors to redeem their investment units from bond mutual funds. This has forced some bond mutual funds to liquidate their bond
and substitute their gambling activities for stock market activities which will result in a loss of gambling performance during periods of volatile equity market performance. GR investors by their
Management Overall, movements of Thai and US foreign exchange and interest rates were highly volatile during this quarter. The Thai Baht steadily rose against the US Dollar, which could be attributed mainly to
estate sector. 2.2 Market Risk Management Overall, movements in foreign exchange and interest rates during this quarter, at home and abroad, remained highly volatile in line with the global market. With
base. However, close attention should be paid to the government’s budget disbursements and global financial markets which may, from time to time, become somewhat volatile. On the inflation front
activity, thus dampening Thai economic growth during the second half of the year. Other challenges included volatile foreign exchange movement and international capital flows as well as the rapid evolution
established market risk management processes for new financial products, and improved related processes for existing products. In 2019, global financial markets were quite volatile due mainly to the unresolved
services in local and overseas markets. W ith the acquisition of TigerSoft, the Company is able to expand its business to hardware, such as clock devices to deliver bundled solution to clients together
revenue as we have recognized revenue of a big scale implementation job in Malaysia last year. With the acquisition of TigerSoft, the Company is able to expand its business to hardware, such as clock