, investment and tourism. It was inevitable that the disruptions from the lockdowns led to a sharp economic downturn in 2020. With the great efforts of all governments in putting fiscal policy ahead of monetary
effectiveness of pandemic control and vaccine development, the economic damage may be worse than what was seen during the 1997 financial crisis. Given volatility in the financial market and real sector which had
% from Q3/2019 and 38% from 9M/2019, respectively. • The decrease in operating revenue was mainly from the fall in purchasing power of domestic consumers as a result of the economic downturn and the
DODD-FRANK ACT • Financial crisis revealed behemoth players in financial industry were not overseen by any regulatory authority • Dodd-Frank mandated additional SEC oversight on PE and HF firms JUNE 22
COVID-19 global pandemic is currently contributing to a considerable economic downturn and increased business uncertainty. The economic downturn has resulted and is still expected to result in disrupted
397.1mn in Q1/2019. GPM in this quarter also decreased to 11.7% from 28.6% in Q1/2019. The pressure on the GPM in this quarter was because the economic downturn which started since late 2019 had caused the
and environmental responsibility as well as sustainable development. As a consequence of global economic situation and economic downturn in the country, the real estate sector has continuously been
would occur. Telecom as an essential infrastructure and service is relatively resilient in nature to the economic downturn and hence normally performs ahead of the general GDP trend. Thai GDP contribution
would occur. Telecom as an essential infrastructure and service is relatively resilient in nature to the economic downturn and hence normally performs ahead of the general GDP trend. Thai GDP contribution
trends anticipated that the global economy is on a course towards the slowest growth expansion ever since the financial crisis in 2009; due to the repercussion of the trade war between the US and China