eight- year low in March. To soften the blow, the government announced various new fiscal measures, which now total THB 1.5 trillion (8.9% of 2019 GDP) and range from financial support for employees and
due to the high fiscal base effect in the same period last of year that have accelerated disbursement after the budget Act for the year 2020 was delayed, it remained at a high level. In Q1–2021, the
infrastructure business to raise funds from investors by offering income-producing projects. The proceeds are capitalized in development of new projects, thereby reducing fiscal burdens and public debts while
, appointed by the Minister of Finance and comprising representatives from the Royal Thai Police, the Bank of Thailand, and the Fiscal Policy Office. The Committee shall determine the amount of fine to be paid
, the Fund Committee may consider granting a financial support to the SET and may also specify a condition as deemed appropriate. 5.7 Accountability • In every fiscal year, the CMDF will prepare and
× 𝐸𝑉𝐴𝑅𝑖𝑡) + 𝛽6(𝐸𝑃𝑆𝑖𝑡 × 𝐷𝐸𝑖𝑡) + 𝛽7𝐵𝑉𝐸𝑖𝑡 + 𝜀𝑖𝑡 (1) Where 𝑃𝑅𝐼𝐶𝐸𝑖𝑡 is fiscal quarter-end’s stock price. 𝐸𝑃𝑆𝑖𝑡 is earnings per share. 𝑆𝑇𝑅𝐼𝑁𝐺𝑖𝑡 is an indicator variable that
worthwhile returns for its shareholders. This year, MACO will change its fiscal year from January to December to April to March. Therefore, the company’s target guidance for the next fiscal year will be