E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ended June 30, 2018 The Thai economy in the second quarter of 2018 gained further traction from the first quarter. The ongoing economic rebound was mainly driven by exports and tourism, whereas domestic spending and investment only gradually picked up. Still, the economy has yet to see strong across-the-board growth. The business sector remained challenged by new modes of competition...
, this convex flow-performance relationship induce them to engage in risk-shifting behavior and make riskier investments in order to “chase returns” and attract inflows (e.g. Brown et al. (1996), Ha and Ko
Thai capital market. Stakeholders in the financial reporting ecosystem inevitably encounter growing challenges, e.g., the shifting of technology, the rapid evolution of financial transactions, and more
to develop a full range of e- Payment options which will increase the efficiency of payment infrastructure development. This will support the objectives of moving towards a cashless society while
crack spread in the quarter averaging at -0.04 USD/BBL, while in Q2/2016 saw an average of 2.36 USD/BBL leading to margin per unit of finished product moving upward. Compared to Q1/2017, the refinery’s
options which will increase the efficiency of the payment infrastructure. This will support its objectives of moving towards a cashless society while enabling financial transactions and economic activities
change, but believes that by moving climate-related issues into mainstream annual financial filings, practices and techniques will evolve more rapidly.” • Disclosure should be provided in the mainstream
- Market Risk • As the world moves toward low- carbon future, demand is expected to shift towards green steel/less carbon intensive steel • SteelCo is gradually moving towards green steel production, so
effectiveness, including by moving to independent chairs and increasing oversight of management. 5 | coRPoRAte goveRnAnce Rosc FoR thAIlAnd landscape landscape The Corporate Governance ROSC assessment of Thailand
volatilities which are increasingly evolving and shifting at a rapid pace, repercussions grow as regional economies become more inter-connected. The Thai capital market needs the capacity to stay resilient and