” means a Thai Management Company or a Hong Kong Management Company that is licensed (Thailand) by the Ministry of Finance upon the recommendation from the SEC or licensed/registered (Hong Kong) by the
Commission hereby referred to as the "SEC" shall be established, comprising the Chairman appointed by the Cabinet upon the recommendation of the Minister of Finance, the Governor of the Bank of Thailand, the
resulting in lower manufacturing costs. Meanwhile, in the auto industry, the total number of car sales for 2019 showed a slowing down trend with sales for total year 2019 at 1,007,552 units, contraction of
limiting consumptions. For the auto industry, expansion continued during the first 2 months of 2019 with total number of car sales at 160,385 units, growth of 12.9%. The passenger vehicle and commercial
household debt including lower household income especially in the non-farm sector limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first eight months of
debt including lower household income especially in the non-farm sector limiting household consumptions. Meanwhile, in the auto industry, the total number of car sales for the first 9 months of 2019
due to economic uncertainties and the delay in public investment. Meanwhile, in the auto industry, the total number of car sales for 1Q20 stood at 200,064 units, contracting by 24.1% both in passenger
economic uncertainties and the delay in public investment. Meanwhile, in the auto industry, the total number of car sales for the first 2 months of 2020 stood at 139,959 units, contracting by 12.7% both in
new WLTP (Worldwide Harmonised Light Vehicle Test Procedure) that became mandatory from the start of September 2018, which affected mostly car sales in Europe. However, sales in THB terms were
by 21.23% year-on-year, driven by growth in automotive parts segments, tooling sales to overseas customers and sale contribution from AAPICO Maia. The car dealerships sales dropped by 9.92% year-on