Bitcoin or Gold for a Diversifier? Tales of Before and During COVID-19 Crisis Financial Literacy and Fintech Adoption for Quality of Life Yosuke Kakinuma Chiang Mai University Business School SEC

from increasing of loans for expanding Boonterm Kiosk Interest-bearing debt to Equity ratio increased to 1.00, mainly from loans for investment and working capital. Return on Asset stood at 18.0%, mainly

. Debt to Equity ratio decreased to 2.28, mainly from increasing of loans for expanding Boonterm Kiosk Interest-bearing debt to Equity ratio increased to 1.00, mainly from loans for investment and working

1 Forth Smart Service Public Company Limited (FSMART) 3Q18 Management Discussion and Analysis Operational Summary 9M18 Operational Summary  Total revenue from core business was Bt2,523mn, increasing

Company still operates business as planned by increasing service on Boonterm kiosk and expanding business to new businesses in order to attract more customers to use the Boonterm kiosk and expand the

service, of which the Company is the banking agent for 6 banks. The money transfer has been growing consistently with 1,734 ,915 transactions per month, increasing 76.4% YoY. In term of lending business

1 Forth Smart Service Public Company Limited (FSMART) 1Q19 Management Discussion and Analysis Operational Summary in 1Q19  Net profit was Bt150mn, increasing 3.1% YoY  Total revenue from core

expanding through TV media and online channels. This is the core business of Shop Global (Thailand) Ltd. that the Company has invested in. And this will be another sales channel for expanding market and sales

cards), net increasing by 250,000 cards from February 28, 2017. Covering networks nationwide, the Company has 106 branches, 473 ATMs, and over 17,600 member dealers to provide quality financial services

transaction amount was Bt9,074mn. However, the money transfer service, of which the Company is the banking agent for 6 banks, has been growing consistently with 1,650,528 transactions per month, increasing 73.0