and environmental responsibility as well as sustainable development. As a consequence of global economic situation and economic downturn in the country, the real estate sector has continuously been

would occur. Telecom as an essential infrastructure and service is relatively resilient in nature to the economic downturn and hence normally performs ahead of the general GDP trend. Thai GDP contribution

would occur. Telecom as an essential infrastructure and service is relatively resilient in nature to the economic downturn and hence normally performs ahead of the general GDP trend. Thai GDP contribution

กรณีเลวรายอาจทําใหเกิดภาวะเศรษฐกิจถดถอย (Recession) ทําใหอัตราเงินเฟออาจ ไมใชตัวเลขเดียวท่ีตลาดใหความสําคัญในระยะขางหนา โดยเรามองวาตัวเลขโมเมนตัมทางเศรษฐกิจ หรือดัชนี ISM Manufacturing จะตอง ฟ

segment continued declining in 2017 due to intense competition of both animal feed and aquatic feed business in Thailand. Moreover, swine business was declined because of recession in swine price in past 2

). Moreover, the Thai economic outlook would underperform below the baseline projection because; 1. The global economy could enter a severe recession and Thailand’s tourism sector could take a long time to

Public Company Limited and its Subsidiaries Management’s Discussion and Analysis for the year ended 31 March 2020 Executive Summary Thai Economy in the first quarter of 2020 happened into recession due to

remains fragile with the recession risk creating uncertainties in several regions. At the same time, the geopolitical risk continues catalyzing global supply chain disruption and affects industrial supplies

appropriate for the Company to be able to dispose of the assets at a price consistent with the market and industry conditions in the economic downturn. In addition, Land and Buildings thereof is also an asset

the Company to be able to dispose of the assets at a price consistent with the market and industry conditions in the economic downturn. In addition, Land and Buildings thereof is also an asset in the