become inevitable and it is difficult to get out of the vicious cycle of debt. Consumerism, on the other hand, could largely overshadowed consumers? self-restraint and eventually entices them to spend

Securities and Exchange Commission Independent Audit Inspection Activities Report THE ROAD LEADING TO GROWTH 2013 This report is available for download on the SEC website: www.sec.or.th Contact For more information, please contact us at: Securities and Exchange Commission,Thailand 333/3 Vibhavadi-Rangsit Road, Chomphon, Chatuchak, Bangkok 10900, Thailand Tel : +66 2 263 6082 or +66 2 263 6218 e-mail : oca@sec.or.th Root cause analysis Activities for enhancing audit quality Suggestions on how to...

be developed. Moreover, the Company still faces problems and obstacles in finding funding sources, so the dissolution of this subsidiary will enhance to manage and reduce the cost. To summarize for the

project development, driving for amendments to the laws and regulations posing obstacles to the industry, promoting the use of system and making use of the information for capital market development

2020-2022 and adds the goal of “recovery and strengthening” and the Ad-hoc Master Plan to ensure that the capital market’s regulations will not impose obstacles and will provide tools for building

.          - Digital Economy: The government has approved in principle the initiation to mitigate obstacles and promote the digital asset ecosystem such as taxation inequality. This will lead to three main objectives

regulations will not impose obstacles and will provide tools for building liquidity for businesses affected by COVID-19 pandemic. Thus, there are five goals and the following eight strategies:    (1)  Building

support project in the first quarter of 2019 is more difficult and varied than the previous year which effected higher cost than the first quarter of 2018 6. Cost of goods sold (E-Commerce) Cost of goods

was more difficult and varied than the previous year which effected higher cost. Therefore, the proportion of cost decreasing is less than the proportion of revenue decreasing. 6. Cost of goods sold

for equity crowdfunding. Furthermore, in the case of ICOs, imposing the aggregate limit would not be an effective investor protection mechanism. This is because it would be very difficult to enforce and