in advanced manufacturing, high-value services ADDITIONAL INCENTIVES (1) Merit-based incentives E.g. for firms spending on value- creation activities (2) Area-based incentives E.g. for firms located in

, consumer confidence depression and high level of household debt though, there was some spending of consumer goods from the COVID-19 pandemic distress. However, the government sector has launched remedial

, coupled with high excess production capacity, resulted in a contraction in private investment. However, public spending continued to grow from current expenditure through disbursals for public health

high-technology products, an increase in price of the Company’s core raw material, copper foil, due to an unbalanced demand/supply in the market, as well as the appreciation of the THB in a short period

.) Government spending and investment in infrastructure despite a lower rate of growth due to the delay of government establishing and pending promulgation of 2020 capital expenditure 3.) growth in private

-openings. However, towards the middle of the year, the rising inflation and continuous increase in energy costs limited private consumption and signaled a global economic slowdown, raising spending concerns

. Most of CPN’s shopping mall maintained high level of occupancy rate given the short-term effect from mall under renovation. Including Central i-City, which was fully opened in June 2019, an average

the weakening in the semiconductor industry in 2019 and high capital expenditure in 2018. Generally, capital expenditure for production equipment will follow the increase in sales, particularly in the

the second half of the year. However, government expenditure was slightly decline as well as the contraction on agricultural and construction sector. The Thai economy in 2018 is expected to expand more

sectors, which some part mainly comes from export and tourism sectors and internal expenditure rate has gradually expanded as well. These economic situations leaded to quarter 3/201 the Company gained