term, to ensure that we adopt proper fund-raising strategies. 7 3. Business Directions and Operations of Core Businesses 3.1 Sustainable Development and Corporate Governance Notable progress of KBank’s

acquisition and construction of staff house for employees of Phuket Fantasea Company Limited. The overall construction progress of Carnival Magic Project is going according to the plan despite the setbacks from

from operation improved. Increasing the company’s liquidity, allowing the business to progress continuously. Other important events in this quarter: • The company, in association with Krung Thai Bank

firms share our views and objectives and have made much progress in resolving their deficiencies, with the exception of few findings whose remedies are time consuming in nature. The mechanics of how audit

firm’s quality control system. The average quality control system inspection scoring results out of 28 audit firms shows the outstanding progress compared with the scoring results of 1 cycle (2010 – 2012

, our capital market is poised to play an even greater role in Thailand’s sustainable progress and prosperity in the years to come. M E S S A G E F R O M T H E S E C R E T A R Y - G E N E R A L Thirachai

surged in sectors with high capacity utilization rates, such as the automotive and petrochemical sectors. On the other hand, progress in public infrastructure project construction remained gradual

Debts with fixed interest % 49% 58% Credit Rating by TRIS AA- A+ 1 Net debt after debt for capex and investments in progress that are not generating revenue and earnings as on date given Figure 2

. Nevertheless, merchandise exports are expected to improve on the back of a modest global trade recovery due to recent progress in the US-China trade negotiations. World trade volume growth is forecast to improve

) while the value of scheduled infrastructure investment in the 2018 fiscal year (under the Transport Ministry’s 2016-2018 action plans) amounted to Baht 150 billion. The progress of the government’s