compensation not less than the last 400 days' wage rate under the Labor Protection Act (No. 7) BE 2562. The total expenses of the Group increased by 11.4%(y-o-y) , which is higher than the total revenue

, in Thailand and Cambodia.The MOU signing ceremony was honored by the presence of distinguished guests, including Chairman and commissioner of the SEC Board, World Bank Country Manager for Thailand

of Thai SMEs. The seminar was graced with the presence of the provincial deputy governor of Chiang Mai Mr. Wiroon Panthewee, who inaugurated and delivered the welcoming remarks for the event at

Rationale • Deepens the Bank’s presence in Indonesia, the largest ASEAN economy with GDP of US$1.04 trillion3 and 267 million population with young working age population, growing middle and upper income

the provision for retirement benefits and past service cost in accordance to the Labor Protection Act, which was amended on the 5th April 2019, to include a requirement that an employee who is

. In Q2/2019 and the first six months of 2019, the Group has been affected by According to the Labor Protection Act (No. 7), BE 2562, additional compensation rates have been imposed in the event that

also recorded additional Employee benefit reserve of THB 56 million due to the new labor law which new retirement compensation rate will apply soon. For overall 2017 performance, the Company recorded a

the Labor Protection Act (No. 7) B.E. 2562, which announced in the Royal Gazette on April 5th, 2019. This Labor Protection Act stipulates that the severance pay not less than the wage for the work

latest Labor Protection Act, effective from May 5, 2019 onwards, resulted in the record of the net profit for the year 2019 of the Company and its subsidiary of Baht 6.14 million, compared to the net

changing of the Labor Protection Act, the Company has additional long-term employee benefit liabilities of Baht 26 million by recognizing as expenses in profit and loss of the current year. 6. The income tax