economic growth slowed down from the previous year, which is mainly due to the rapid slowdown in exports from the risks of global economic policies, including trade wars and Brexit. The Thai government
economic slowdown of both Europe and America. Total cost of goods sold decreased by 25.62%, which is in the same direction as the decrease in revenue Selling expenses and administration costs increased
slowdown due to the current outbreak of the Coronavirus Disease 2019 (“COVID-19”) affects businesses in all sectors, such as causing the recession, investment delay, various construction projects have
drastic slowdown in Thai economy, while the tourism sector has been impacted by lockdown policy in many countries, together with a decline in household income following unemployment problem in private
global automotive industries slowdown which further negatively impacted by the spread of Covid-19 starting in March 2020. 2 Eastern Polypack’s revenue from sale was increase in comparison to previous year
affected to the slowdown of Thailand economic activities at almost of every sector both for consume and investment of the private sector as well as the high shrinkage of the production from industrial sector
economic slowdown resulting in declining export and plunging tourists’ spending especially Chinese tourists. The instability in Thailand politic and election in March 2019 slowed public investment. High
addition, the economic slowdown in 2019 created a price war competition in this industry. For this quarter, the outbreak of COVID-19 since middle of March 2020 caused a direct impact toward customers
For the Year Ending December 31, 2019 Thai economy in 2019 showed decelerating growth at 2.4 percent compared to 4.2 percent in the previous year.The slowdown could be attributed to exports which