dollar since the beginning of 2017. Furthermore, despite three policy interest rate increases in 2017, to 1.25-1.50 percent, global interest rates remained low, contributing to a “search for yield” and
the low-income citizens to stimulate near-term consumption. Meanwhile, internal and external factors that affect the Thai economy are the slowing global economy growth, the inconclusive trade war
, consumer confidence depression and high level of household debt though, there was some spending of consumer goods from the COVID-19 pandemic distress. However, the government sector has launched remedial
maintained their growth momentum; their central banks pursued continually accommodative monetary policy through asset purchase programs and keeping policy interest rates low. Over the final quarter of 2017 and
hours maintained the same level as the previous year. In Japan, electricity sales increased from the full quarter revenue realization of Nikaho and Nagi project, and increase in average irradiation hours
amounting to THB 3,338 million, with total liabilities of THB 3,011 million and total equities of THB 9,457 million. In this regard, the company’s financial position remains strong with low debt-to-equity
, particularly in sectors related to exports and tourism. Public investment totaled Baht 111.6 billion, near last year’s level, though investment in March edged up from the first two months. Headline inflation
level at which signified reasonable capital structure and low financial risk. Breakdown of major liabilities Return on equity As at 31 December 2018, shareholders' equity amounted to 33,941 million baht
decrease of 9.2% from 2018 and 4.4% from 2017 respectively. The Debt to Equity ratio of 0.40 times in 2019, a drop from 0.42 in 2018 and 2017, is at a level signifying reasonable capital structure and low
, respectively. Private investment slowed to 2.8 percent from 4.1 percent in 2018 while manufacturing production declined 3.7 percent, in line with a low capacity utilization rate of 66.3 percent, below the five