mentions, the Thai economy was expected to improve further which the Bank of Thailand projected to record growth of 3.5 percent in 2017, and 3.7 percent in 2018 (as of June 2017). However, the economic
and private investment going forward. In addition, tourism revenue is expected to rise satisfactorily. Government expenditure is also projected to expand further as infrastructure projects are being
was expected to gain further growth which the Bank of Thailand projected to record the growth of 3.8% in 2017 (as of September 2017). However, the economic growth in the next period still challenge with
further growth which the Bank of Thailand projected to record the growth of 3.8% in 2017 (as of September 2017). However, the economic growth in the next period still challenge with uncertainties from both
positively to the growth in EBITDA in 2019. As highlighted in the 2019 Capital Market Day presentation, IVL foresees the ability to invest $3 to 4 billion of projected free cash flow over the next 3-4 years
of which are contributing positively to the growth in EBITDA in 2019. As highlighted in the 2019 Capital Market Day presentation, IVL foresees the ability to invest $3 to 4 billion of projected free
but slower than the previous quarter because of the deceleration of exporting sector and the world economy. Merchandise exports were projected to recover more slowly than expected due to the slowdown in
monetary policies of major developed economies move towards a tightening stance, resulting in less liquidity in global financial markets. Meanwhile, Thailand’s economic growth is also projected to slow down
manufacturing which has a generating capacity of 100 Megawatt-hour with an approximate investment of USD 50 million which is projected to COD in 2019. The first phase plan for the battery will be used together
revised upward the 2017 global economic projection to 3.7 percent, and projected that the world economy may see even brighter growth of 3.9 percent in 2018. Looking forward into 2018, economic activity