recovery during the latter half of this year. In the second quarter, the Thai economy saw slower growth of 2.3 percent, compared to the 2.8 percent in the first quarter. Broadly speaking, the Thai economy
prepared for the adoption of IFRS 9. Non-performing loan of the commercial banking system are projected to increase at a slower pace during the rest of the year. However, given its relatively high level of
, world trade volume, global economy, and Thai exports to grow slower than expected As of December 31, 2018, the country’s contracted capacity in 3 power authorities system was 48,990 megawatts, 15,790
, the value of merchandise exports expanded at a slower rate as the result of the economic slowdown in major trading partners, and the effect of protectionist trade policies between the US and China. The
economy expanded at a slower pace at 2.4% of GDP as compared to 2018 (reference: Office of the National Economic and Social Development Council). The decline is due to various factors, such as export
prices and slower decline in fresh food prices. However, inflation remained below the Bank of Thailand’s target range of 1-4 percent. Core inflation is registered at 0.49 percent, down from 0.76 percent in
December 2017 and 2016 was 2.8 days and -3.5 days. This increase was due to slower collection period from 14.7 days in 2016 to 16.6 in 2017 as a result of credit term offered to low credit risk retail stores
export-oriented industries together with supports from the continuous progresses in public infrastructure investment. Meanwhile, public expenditure increased at a slower pace partly, partly because some
export-oriented industries together with supports from the continuous progresses in public infrastructure investment. Meanwhile, public expenditure increased at a slower pace partly, partly because some
sentiment. Meanwhile, exports and tourism expanded at a slower pace, partly due to the impact of the US trade policies and a drop in Chinese tourist arrivals. Headline inflation in the third quarter of 2018