contribution in 2019. With 90 manufacturing sites across 30 countries, and more than 90% in domestic sales, IVL is strongly suited for today’s macro environment to benefit from the trade tensions, supported by
dynamic experiences towards customers with different lifestyles, both local and foreign tourists. Furthermore, CPN studied the opportunities to expand its business into the Southeast Asian countries
tourism sector, which is a key driver of the Thai economy in recent period, grew moderately owing to the growth in the number of tourists of most nationalities; especially tourists from ASEAN countries. For
industrial countries that could affect domestic demand as well as geopolitical risks. In addition, there remained downside risks pertaining to domestic factors such as elevated household debt, impacts from
opportunities to expand its business into the Southeast Asian countries, especially those with high growth potential, such as Malaysia and Vietnam to access new revenue stream and accommodate its sustainable
พนัธบตัรของประเทศพฒันาแล้ว (Developed Countries) ไดป้รบัตวัลดลงท าให ้Yield ของ กล่ามประเทศ Emerging Market โดยรวมดนู่าสนใจกว่า Highlights • สินทรพัย์ที่ลงทุนได้เน้นลงทุนผ่าน ETFs ซึ่งให้ผลตอบแทนสอดคล้องกับ
economic activity among the European countries. Meanwhile, global capacity, or Available Seat Kilometers (ASK) increased only 3.4 percent. Africa region was the top at 4.7 percent, followed by Asia Pacific
in 8 countries. Management Discussion and Analysis (MD&A) for the second quarter ended 30 June 2020 4 | P a g e Summary of Operating Results 1/ Figures after reclassification. Cost of rental and
industrial countries that could affect domestic demand as well as geopolitical risks. In addition, there remained downside risks pertaining to domestic factors such as elevated household debt, impacts from
our view is overstated. We are surely in a backwardation where current deliveries are fetching steep premiums. The positive sentiments are driven by the vaccine rollouts which in many countries is just