stimulate sales, by issuing promotions through Loyalty programs, including collaborations between business alliances. As for the Non- oil business, due to the COVID- 19 outbreak affecting reducing the number

in order to stimulate the investor to invest in units; “underwriter” means a securities company of which license is allowed to underwrite units; “associated person” means any person having one of the

E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business sector remained challenged by new modes of competition in a broader marketplace amid the advancing digi...