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
downwards its GDP growth forecast from -5.3% to -8.1% for 2020, projecting the worst recession since Tom Yung Kung crisis in 1997. Furthermore, Malaysia and Indonesia, our major international business
recession from pandemic of COVID-19. 2. Gross profit was Baht 20.04 million which decreased Baht 17.13 million or 46.09% from the corresponding period of the previous year, in compliance with the decrease in
–2021 and Q2– 2020 due to relatively high competition, economic recession and the epidemic situation of COVID–19. In addition, -3- some operated projects have higher actual costs than the estimates; as
Dec 2022; World Gold Council • ทศิทาง USD แรงกดดนัจากการแขง็คา่ของดอลลาร์ สหรัฐฯ มนีอ้ยลงเมือ่เทยีบกบัปี 2022 เนือ่งจาก Fed มี แนวโนม้ชะลออตัราเรง่ของการขึน้ดอกเบีย้ในปี 2023 • Recession hedge ความตอ้
restructure of the Company’s group in order to cope with consequences from the current economic recession, including the industrial regression of business which is not core business of the Company, e.g
business operation, as the Company has continuous loss. Thus, the Company considers the business restructure of the Company’s group in order to cope with consequences from the current economic recession
its Subsidiaries Management’s Discussion and Analysis for the year ended 30 June 2020 2 ASIA’S BOUTIQUE AIRLINE Executive Summary The Covid-19 pandemic plunged global economy into worse recession in the
were slowdown followed economic recession, excluded construction sector that had bidding competition from Chinese entrepreneurs. In terms of investment and employment, there were affected from labor
, did not achieve the target since the impact of the economic recession of the global markets, such as USA, Europe, China. In the meantime, the domestic market was affected from poor export economic