-year average of 68.0 percent. Consequently, employment contracted by 0.7 percent. Private consumption slightly softened due to stagnant farm and non-farm income growth. Moreover, household debt, which
having adverse impacts on, or causing monetary or non- monetary losses to, KBank and our customers, directly or indirectly. KBank aims to maintain our growth and our leadership of digital banking services
from the slow economic growth of trading partners, the protectionist trade policies between the US and China, the down-cycle of electronic products and also from the decline in global oil prices together
private consumption and total investment were constantly expanding. However, Thai economy still faces external risk such as U.S. monetary and trade policy and global economic uncertainty. As of August 31
Monetary Fund projected that the global economy may grow 3.9 percent in 2018, and the US would see brighter growth of 2.9 percent compared to 2.3 percent in 2017, due to additional positive factors including
. Worse, Brexit risks became heightened in the wake of political change in the United Kingdom. The World Economic Outlook of the International Monetary Fund cut its 2019 global economic growth projection to
International Monetary Fund (IMF) thus revised downward its global economic growth projection for 2019 to 2.9 percent – the lowest level since the global economic and financial crisis in 2008- 2009. For the 2020
last year. When excluding exports of gold, value of exports declined by 3.5% mainly from the slow economic growth of trading partners including 3 the shutdown measures imposed by several countries with
of exports declined by 5.4% mainly from the slow economic growth of trading partners including the shutdown measures imposed by several countries with the COVID-19 outbreak. In the tourism sector, the
maintained its growth momentum. Similarly, Thailand’s major economic indicators continued to exhibit growth, as evidenced by brighter exports, government spending and private spending on certain items of