driven by global trade recovery and well-performing trading partners’ economies. Also, tourism sector robustly expanded, reflected from an increasing number of international tourist arrivals especially
export sector has expanded well from the economic recovery of trade relevant countries. Beside, company and its subsidiaries recorded the profit sharing to non-controlling interest in a subsidiary by Baht
MANAGEMENT DISCUSSION AND ANALYSIS FOR 2017 2 2. ECONOMIC SITUATION Thai economy continually expanded supported by every economic engine especially merchandise exports that were uplifted from global trade
expand 4 percent for the whole of 2017. The report showed that Thailand’s export was improved mainly from a global trade recovery in which agricultural and electronic products were major contributions. In
. Nevertheless, merchandise exports are expected to improve on the back of a modest global trade recovery due to recent progress in the US-China trade negotiations. World trade volume growth is forecast to improve
, the drought conditions and the delay in FY2020 budget. However, the economy will be supported by a gradual global economic recovery following easing trade tensions and reduced risks of a no-deal Brexit
market, where the oil business is in on a downward trajectory following slowing global economy due to the trade war between the US and China. The Dubai crude price in 2019 averaged at 63.51 $/BBL, a
the same period of last year at 15.1%. This is due to the increasing demands in Europe and America markets following the recovery in economy in these regions. Another outstanding product is DC FAN and
same direction with Sales revenues at 16.2% which was driven by the strong recovery of Sales Revenue and have got less impact from the appreciation of THB/USD. Net profit in this quarter amount Baht
established free trade agreements with other Latin America countries. The demand in Brazil is expected to grow in response to a recent recovery in consumption. The value of the above acquisition, calculated in