well as other marketplaces e.g. Shopee, Lazada etc. Industry Overview Thai economy in 4Q19 was slowdown. On the domestic front, private consumption indicators suggested expansion in all spending
beginning, promising further growth to come, aided by government stimulus spending. US it seems is firing on all cylinders and China is the first to emerge with strong demand. If Europe unites in stimulating
consumption, albeit expanding, began to exhibit decelerating growth following a recent ramp-up in spending on durable goods. Likewise, private investment remained weak pending more apparent signs of economic
. 2475 (1932), and the Local Development Tax Act, B.E. 2508 (1965), which were deemed unsuited to the present circumstances, leading to social inequality. The new law came into force on March 13, 2019
slowdown, 4/11 which result in a decline in ad spending on print media. However, the Company has adjusted strategic and business model to cope with such effects. The Company views that Bangna assets are no
dated November 7, 2017 enforced the measurement “Holiday Shopping” in the last quarter of 2017 shall create positive atmosphere in spending money for retail business much more than normal time. Filter
for producing of HRC to increase the normal capacity during off peak power usage commencing in 4th Quarter of 2017 till to present which can demonstrate as the following: Management’s Discussion and
operation for several consecutive years. Causes are from change in media consumption behavior from print media to online media and overall economic slowdown, which result in a decline in ad spending on print
the Restructuring, including subsidiaries in five foreign countries and subsidiaries engaged in businesses such as hotels and property management. We present the result of operation for such
uniquely diversified and integrated company in the context of its businesses. The recent acquisition of Glanzstoff’s facilities has also started a new facility in China and allows IVL to present a full menu