majority and sheer number of parties, governing could prove difficult. A large stimulus package is expected and large-scale projects are likely to go ahead. This should help boost the economy going forward

1,112.0 1,148.8 1,628.5 (36.8) (3.2) (516.5) (31.7) Profit for the period 50.4 59.7 69.8 (9.3) (15.6) (19.4) (27.8) The effects of COVID–19 are more severe than expected. Overall, the Thai economy in 2020

- denominated debt. Economic Outlook for 2020 In 2020, Thailand’s economic growth will likely slow to the range of 1.9 - 2.3 percent on account of several challenges. External factors include a sharp drop in

prices should keep the current account surplus at around 7-8 percent of GDP. V3 22/02/62 14:27 น. 2 Private consumption will likely moderate as car sales are expected to normalize and elevated household

use the spandex instead of natural rubber, and the competition is quite high. As a result, the sales of the company of this group is likely to decline in the future. For elastic segment for adult

is likely leaving its mark on the Thai economy. Private consumption growth moderated noticeably in Q1 while private investment fell, reflecting dampening domestic demand. Manufacturing output

central bank is likely to keep interest rates low for the foreseeable future. Economic indicators for June and the second quarter of this year suggested an expansion in private investment and consumption

(LCR) guidelines. Better loan management in the commercial banking system is likely to help improve loan quality, and is expected to result in the ratio of gross NPL to total loans growing at a slower

of Thailand is still likely to slowdown from both internal and external factors. It is result in lower purchasing power of consumers, especially in the middle and lower income level. Nevertheless, the

operations. 9. Expected Benefits to the Company To increase the efficiency in cash management, liquidity, generate a suitable return, and risk management. 10. Condition of the Transaction This Transaction is