13.7% from 2Q20. When comparing with 3Q19, net profit declined by 16.3% mainly from the increased in provisions as a result of the continued uncertainties from the economic slowdown as impacted by COVID
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schemes, growing domestic consumption and tourism. Factors that may affect the Thai economy in 2019, to name a few, are the slowing global economic growth, the inconclusive trade war between the US and
schemes, growing domestic consumption and tourism. Factors that may affect the Thai economy in 2019, to name a few, are the slowing global economic growth, the inconclusive trade war between the US and
various public private partnership (PPP) projects and infrastructural investments in the Eastern Economic Corridor (EEC) zone. Meanwhile, factors that affect the Thai economy are the slowing global economy
circumstances, the Bank of Thailand lowered the Thai economy growth outlook in 2019, from 3.3% to 2.8%, the policy rate cut to 1.25% to balance the economic growth momentum and the stability of the financial
asset quality management for its loan portfolio and focus on expanding into profitable segment with better asset quality taking into careful considerations the economic conditions. As such, the overall
but not least, 4.) other supporting factors, namely public and private investments, were given a brighter outlook as the direction on the Eastern Economic Corridor (EEC) becomes clearer, which will also
of investment properties resulting from the asset monetization to Hemaraj Leasehold Real Estate Investment Trust (HREIT), totaling rental area of approx. 55,131 sq.m. on 4 January 2018 • Share of
associates increased by 24.8%, mainly from increase in revenue from sale of investment properties resulting from the asset monetization to Hemaraj Leasehold Real Estate Investment Trust (HREIT) and increase in