first-car subsidy. However, household debt, which rose by 5.7 percent from the end of 2017 to Baht 12.3 trillion as of the second quarter of 2018, together with declining prices for agricultural products
, performance improved from both the Biodiesel Business and the Fuel Ethanol Business. However, the Biodiesel Business was still suffered from inventory loss from the declining of the crude palm oil price. The
and according to target. In 2019, Thai economy has decelerated with GDP reported at 2.4% decreased from 4.1% in 2018 as a result of declining in export growth and Baht appreciation. The world-trade
E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2020 The Thai economy in the first quarter of 2020 sank into a recession due to the COVID-19 pandemic. Economic activity was crippled almost across the board in light of lockdown measures implemented in several countries to contain the viral transmission. Financial markets went into a tailspin, whereas turbulence was seen in manufacturing, service and tourism sectors,...
accommodative stance relatively intact in light of easing inflationary pressures amid weakening oil prices in the global market. In Thailand, economic growth for 2019 is expected to decelerate to a range of 3.5
rates to be on a volatile course. The Thai Baht steadily strengthened in line with other regional currencies while interest rates were declining, which could be attributed mainly to capital influx into
Limited (RPCL) as Independent Power Producer (IPP) has a declining revenue trend. The company’s net profit in Q4/2018 was Baht 486 million, decreased by Baht 413 million or 46% from Q3/2018 due to the
/DB) in 2018 was averaged at -2.64 $/BBL, a decrease of 0.31 $/BBL compared to 2017, with pressures from the sales of High Sulphur Fuel Oil that has been successively declining, due to the new measures
lowered due to declining average selling price. As well as Crude Palm Oil price constantly lowering throughout the year, led to an inventory loss of THB 224 million (including an allowance for loss on