financially prudent manner. On 29 of August 2018, TRIS upgraded IVL credit rating to from A+ to AA- with “Stable outlook”, which is a testament to our enhanced business and financial profile. Indorama
year. The Bank of Thailand (BoT) also upgraded its GDP growth forecast for this year from -8.1% YoY to - 7.8% YoY. However, it revised down next year’s forecast from 5.0% to 3.6% (vs. our forecast at 3.4
July 2019, Moody’s Investors Service upgraded the Bank’s subordinated debt instrument rating to Baa2 from Baa3 and the Bank's Baseline Credit Assessment (BCA) to baa1 from baa2 and changed the outlook to
as calculated based on the total value of consideration criterion, which gives the highest transaction value (according to the latest reviewed financial statements of the Company for the period ended
’ Life Platform of Choice”, we have upgraded our capability in data compilation and analytics, allowing us to understand and anticipate each individual customer’s needs under the “Segment of One” while
statements ended 30 June 2019 of the Company, the highest transaction size is 19.98 percent based on the value of securities issued by the Company criterion. The combination of such transaction size and other
was Baht 250.53 million. The Company reserved the allowance of inventory impairment by using the criterion as same as in previous year. Thus, the remainder reserved in this year was Baht 2.22 million
investment in Carnival Magic Project, calculated on the basis of total value of consideration which is the criterion with the highest result, is equivalent to 157.3% of the Company and its subsidiary total
Carnival Magic Project, calculated on the basis of total value of consideration which is the criterion with the highest result, is equivalent to 157.3% of the Company and its subsidiary total asset. The
V3 27/02/63 0 V3 27/02/63 1 Management Discussion and Analysis Overview of the Economy and Banking Industry Thai Economy in 2019 In 2019, the Thai economy grew by 2.4 percent year-on-year, down from 4.2 percent in 2018. Against the backdrop of a global trade slowdown and US-China trade uncertainty, merchandise exports and imports for the year contracted by 2.7 and 4.7 percent from 2018, respectively. Private investment slowed to 2.8 percent from 4.1 percent in 2018 while manufacturing production...