manufacturing production shrinks less According to exports in almost all product categories In line with the demand of trading partners recovering. Especially electrical appliances that continued to expand

quarter, although the pace of expansion remained relatively lackluster. Exports registered no growth over a year with a continued appreciation of the Thai baht having a detrimental effect and this has fed

the price of main raw material which increased in accordance to the global market price. As a result, Thailand has the volume of exports of palm oil more than the same period of the last year. Although

, Daihatsu, Mitsubishi and Mazda BT50. The company also sell products to the customer in Thailand who exports the product to Japan. What is more, the revenue in South America zone increased by 19% in which one

in capital expenditure. However, external demand softened as the value of merchandise exports grew at a slower pace. (Source: BOT Press Release No.3/2020 on the Economic and Monetary Conditions for

, the tourism sector and a recovery in exports due to an improvement in the economies of our trading partners. As a result there has been an increase in the purchasing power of consumers in major cities

%. from the sales of OEM of Toyota, Daihatsu, Mitsubishi and Mazda BT50. The company also sell products to the customer in Thailand who exports the product to Japan and other countries. Export sales in

the manufacturing and most parts of service sectors affecting to the company's order from customers immediately in February - March. However, domestic sales and exports in other countries have not been

MANAGEMENT DISCUSSION AND ANALYSIS FOR 2017 2 2. ECONOMIC SITUATION Thai economy continually expanded supported by every economic engine especially merchandise exports that were uplifted from global trade

from Chinese exports and worries of US gasoline demands after reserves in the US surged in Q2/2017. However, demand in Indonesia and Middle Eastern countries adjusted upwards during the Ramadan month in