rising plus additional coverage of 5G in key area. The growing COVID-19 impact on economy is likely to be less pronounced to telecom spending which is relatively resilient in nature to the economic
consumption, albeit expanding, began to exhibit decelerating growth following a recent ramp-up in spending on durable goods. Likewise, private investment remained weak pending more apparent signs of economic
exhibited signs of ongoing growth, driven largely by exports and tourism. This is in line with the overall global economic improvement. Domestic spending enjoyed promising growth, as evidenced by brighter
spending via QR code with popular merchants, as well as acceptance of payment via Alipay and WeChat Pay. High Net Worth Individual We are determined to perform at the standard of an international
, private consumption, private investment and public spending were all on the wane. Moreover, exports were still in contraction, beset by the weakening economies of Thailand’s trade partners and tumbling
billion) of income, an 11.7 percent increase from 2016. The main driver of tourism income was spending by Chinese tourists. Meanwhile, global financial markets experienced occasional volatility amid
, the confidence in consumer has remained low level, the joint mourning for the passing of the King has effected to the domestic economy activity, these affected the purchasing force and spending less. (2
consumer consumption, Public Sector investments spending, and the various effective advertising and marketing promotions campaigns undertaken as appropriate by the Company. As such, all are key factors to
.) Export sector was impacted from country lock down of the partner countries due to the discontinuance of production chain 3) Government spending and investment shrinkage due to the delay of government
have also led to a widespread slowdown in economic activities especially in the service sector. Private consumption contracted compared to the same period last year across all spending categories, in