, on August 7, 2019, the MPC cut the policy interest rate by 25 basis points to 1.50 percent, projecting that the Thai economy would expand at a lower rate than previously forecast, due to a contraction
in budget disbursement. As the momentum from the above mentions, the Thai economy in 2018 was expected to continue expanding which the Bank of Thailand revised up the growth forecast to 4.4 percent (as
level of 1.25 percent while projecting the Thai economy would expand at a lower rate than previously forecast and further below its potential due to declining exports which have affected domestic demand
”, “expect”, “anticipate”, “intend”, “estimate”, “continue” “plan” or other similar words. The statements are based on our management’s assumptions and beliefs in light of the information currently available
beliefs and other statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “anticipate”, “intend”, “estimate
identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “anticipate”, “intend”, “estimate”, “continue” “plan” or other similar words. The statements are based on our management’s
set the budget by estimate lobour cost and construction material cost so it is reasonable. 1.9 Opinion of the Audit Committee and/or the Board of Directors which is different from the Board of
statements that are not historical facts. These statements can be identified by the use of forward-looking terminology such as “may”, “will”, “expect”, “anticipate”, “intend”, “estimate”, “continue” “plan” or
beliefs and other statements that are not historical facts. These statements can be identified by the use of forward- looking terminology such as “may”, “will”, “expect” , “anticipate”, “ intend”, “estimate