growth; 2.) slow pace of growth in tourism sector which supported by number of tourists from India, Japan, Hong Kong and Malaysia offset an unrecovered of Chinese tourists; and 3.) government subsidy to

cash paid for acquisition of property, plant and equipment including ATR72-600s. However, this was offset from cash received from sale of equipment during the period. Cash flows from financing activities

investment in associates. However, this was offset by cash outflows used for acquisition of investment in associates (U-tapao International Aviation Co.,Ltd) and acquisition of land during the period. Cash

financial transaction services to offset reduced income after the waiver of fees for funds transfer via digital channels. By the end of the fourth quarter, banks should be prepared for new rules and

loans therefore saw little increase. Meanwhile, deposits were rising to partly offset the reduced volume of debt issued and borrowing. As a result, net liquidity stayed almost unchanged from the prior

through expansion of customer base and income by providing financial transactions via multiple platforms to offset reduced income after the cancellation of funds transfer fees via digital channels. In

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending June 30, 2019 The Thai economy faced increased headwinds in the second quarter of 2019. Exports, tourism and private investment – among major economic activities – were hampered by the worse-than-expected global economic slowdown. Meanwhile, consumers’ purchasing power weakened amid high household debt, whereas public investment and the government’s budget disbursement were aff...

), to offset the impact of the tightened liquidity. Overall, loans of Thai commercial banks, both corporate and retail loans, were hit hard by the COVID-19 pandemic. In response to this, the Bank of

helped offset the impact from cancellation of fees for funds transfer via digital channels. Most commercial banks remained cautious in setting aside allowance for impairment loss on loans as loan quality

customer base and income from financial transactions and services via digital platforms to offset lost income from reduced digital transaction fees. Moreover, commercial banks have to make preparations for