continued growth across all categories supported by the increased in farm income both in productions and prices. Exports during the first half of 2019 contracted 2.9% from the same period last year as a
across broader range of businesses and wider geographical areas. Meanwhile, consumer loans expanded in all purposes, particularly auto loans. However, commercial banks remained cautious in lending as their
economy begin to flourish across various areas around Bangkok and provinces, CPN have studied the prospects of new retail formats and innovative concepts and designs of shopping malls to elevate the
increase after a decline during the end of 2017. With the economic expansions for the first quarter of 2018 growing at a faster rate than expected at 4.8% together with positive signs of recovery across
expenditures of state enterprises. Exports during the first 8 months of 2019 contracted 2.2% from the same period last year with contractions across all categories. Excluding exports of gold, value of exports
enterprises. Exports during the first 9 months of 2019 contracted 2.1% from the same period last year with contractions across all categories. Excluding exports of gold, value of exports contracted 4.0% as a
the COVID-19 outbreak. In the tourism sector, the number of tourist arrivals for 1Q20 contracted by 38.0% yoy across almost all nationalities with high contractions in the number of Chinese tourists
consumption picked up across all spending categories thanks to improvements in domestic demand supported by various government stimulus measures. Private investment expanded at a higher rate, driven by real
number of tourist arrivals for the first 2 months of 2020 contracted by 19.8% yoy across almost all nationalities with high contractions in the number of Chinese tourists which declined 44.2% yoy due to
longer term. These include signing off on a single source of truth vide ONE SAP across our businesses, setting up a global shared services center in India and taking a deep dive into our fibers business to