this lower gross margin in 2019. However, The company believes that this investment would be a key factor for competitiveness enhancement in the long run. Selling and administrative expenses Selling and
audit quality, training sessions on how to remedy the recurring deficiencies identified in several audit firms. Such efforts to develop audit 02 quality have evidently paid off with the improvement of the
individual auditors’ engagement. The overall results of the inspection conducted on 13 audit firms in 2016 during the third cycle, which is between 2016 to 2018, indicated continuous improvement from the
and our customers both directly and indirectly. KBank has emphasized synergy with K Companies, strategic partners and startup firms for enhancement of our business capabilities to achieve sustainable
firms demonstrated an improvement vis-à-vis the results from the previous inspection cycle. Such improvement was undoubtedly enabled by the formulation of audit firms’ root cause analysis process and
The SEC’s policy is to strengthen the oversight of digital asset business operators with a focus on quality and reliability enhancement of such business operator to protect investors. This means the
Ruenvadee Suwanmongkol, Secretary-General of SEC, remarked: “The enhancement of shareholders’ rights and protections is SEC’s main mission. Scaling up the legal knowledge regarding securities and
enhancement of Thai ecosystem for transformation into digital economy and sustainable growth.” H.E. Brian Davidson, the British Ambassador to Thailand said “Financial services and, in particular, fintech
seen in the final quarter of last year. Broadly speaking, the Thai economy may grow within a range of 3.2-3.9 percent in 2019, down from the growth of 4.1 percent in 2018. Improvement in domestic
improvement. Compared to the prior quarter, the figures edged higher in line with increased brokerage fees from securities business, bancassurance fees and management fees. NPLs to total loans edged up slightly