) expects the Thai economy to contract by 6.7 percent. The main factors driving the economic downturn are the contraction in exports of services, predominantly tourism revenues following the sharp fall in the
price consistent with the market and industry conditions in the economic downturn. In addition, the Company has a need to use such cash flow to repay debt which would help reduce the burden from interest
capital markets in a digital economy " โดย David L. Yermack , Albert Fingerhut Prof. of NYU Stern 10.00 น. – 10.45 น. Risk-Taking Behavior during Downturn: Evidence of Realization Effect in the
still in downturn mainly from the shrink of export and import sectors which were negatively impacted by an economic slowdown of the trading partner countries with a significant drop in domestic
impact and uncertainty of land and building tax and stricter lending policies by financial institutions as loan-to- value (LTV) measures and an economic downturn which led to the slowdown of purchases of
downturn. Moreover, the selling price is higher than the fair value, valuated under the abovementioned Valuation Account method. In addition, the Company needs to utilize the cash flow for the working
offering price is appropriate for the Company to be able to dispose the assets at the price consistent with the market and industry conditions in the economic downturn. Moreover, the selling price is higher
still in downturn from the trade war between USA and China that continues to escalate as well as unclear situation of BREXIT. Thailand economy continues to slow down from the previous quarter, contributed
from 1.50 percent to 1.75 percent to mitigate financial stability risks and build policy space to counter a future downturn in the economy. Economic Outlook for 2019 In 2019, Thailand’s economic growth
decreased 14. 4% in comparison to 2019. This results from the downturn of real estate sector and impact from COVID-19. Other Operating Expenses Unit: Baht in Million Q 2/2563 Q 1/2563 qoq Q 2/2562 yoy 6