. Given the intensified global trade tension, the October 2018 World Economic Outlook of the International Monetary Fund cut its global economic projection for 2018 and 2019 to 3.7 percent, compared to the
. The downside was mainly stemmed from the impact of export contraction affected by the global economic slowdown, prolonged US-China trade tension and the Baht appreciation. As for economic outlook in
government’ s measure to peg retail Diesel price at THB 30 per liter, in order to alleviate tension for consumers and businesses in the transport sector during times of high fuel price; although there was a
the US which triggered anxiety among global investors, the worse-than-expected US economic figures, and the Federal Reserve’s monetary policy perspectives, especially concerns over low US inflation
the decline. Exports, in particular, shrank in line with signs of global economic weakness and anxiety surrounding the trade spat between the US and its major trade partners. Moreover, private
) without any formal agreements in place following the resignation of UK Prime Minister Theresa May. Amid heightened economic risks and anxiety towards a looming global economic slowdown, financial markets
, building confidence in terms of safety, and lowering anxiety of misappropriation of personal information, as well as cutting down physical contact with cash. • On the 8th May 2020, the company issued
production reduction period by 9 months to the end of December 2018. The market received pressure from the tension in the Middle East due to the conflict between Saudi Arabia and Iran over concerns of war in
decline during the aforementioned period was a result of the tension caused by the trade war between the US and China escalating in intensity – leading to decline in oil demand. Moreover, the Thai Baht has
increasing its oil production continuously. Further tension is mounted with Saudi Arabia’s efforts to increase its market share through Saudi Aramco; the Saudi Arabian government’s state enterprise, announced