of a possible recurrence of the outbreak in Thailand, have led to severe restrictions on inbound and outbound travel. This has resulted in a massive contraction of the tourism industry, as well as the

, efforts are being made to harmonise compliant assets and metrics covered by the different taxonomies across jurisdictions. The most prominent attempt in this sphere has been the development of a Common

assistance from the Asian Development Bank as well as invaluable inputs from the Group of Experts (GOE) who were prominent experts in regional capital markets, namely (1) Mr. Jose Isidro Camacho, Vice Chairman

the Group to expand its media offerings on a massive scale. MANAGEMENT DISCUSSION & ANALYSIS 2019 11 Feb 2020 MASTER AD PUBLIC COMPANY LIMITED 2 INTERNATIONAL MARKET – EXPANDING INTERNATIONALLY ACROSS

implementing a response plan and is continuing to monitor the situation closely in order to conduct the appropriate measures. Hospitality Business The hospitality segment is taking a massive hit, with 53 out of

to conduct the appropriate measures. Hospitality Business The hospitality segment is taking a massive hit, with 53 out of 57 hotels in our portfolio temporarily closed since the second half of March

travel will return driven by millennial travellers hungry for new experiences. The massive populations of China and India – both with bourgeoning middle classes – will continue to be huge source markets

the scarcity issue on the professional personnel, especially in the partner position, which cause the EQCRs to endure the massive responsibility and lack the adequate time to involve in some of the

operating lease in prominent locations (ii) growth of rental revenue together with increase in efficiency, (iii) development of high potential properties with innovative and creative value-added concept and

control operator’s investment plans in the following year. Competition in fixed broadband in 4Q18 was stable from the last quarter without prominent price cut. However, throughout the year the standard