depressions in farm income and high level of household debt while inflation remains at a low level. Other key risks that need to be monitored are the slowdown in global economy especially the Chinese economy
level of household debt while inflation remains at a low level. Other key risks that need to be monitored are the slowdown in global economy especially the Chinese economy, lower than expected growth in
engagement performance. There are, however, remaining issues that are yet to be resolved, which are discussed in the following details. Low level of involvement in audits by engagement partners and EQCRs 1-24
oil palm causing a potential decline in consumption 2) Manufacturing capacity also remains at low level indicating slow growth for private investment 3) Exports could also face a potential slowdown from
oil palm causing a potential decline in consumption 2) Manufacturing capacity also remains at low level indicating slow growth for private investment 3) Exports could also face a potential slowdown from
in the export and tourism sectors 3) Low level of inflation - impacting manufacturers ability to determine pricing and 4) Strengthening of the Thai Baht - 6.7% against the US Dollar since the beginning
in the export and tourism sectors 3) Low level of inflation - impacting manufacturers ability to determine pricing and 4) Strengthening of the Thai Baht - 6.7% against the US Dollar since the beginning
crowding-in of private investment. 3) Easing of the financial conditions – although the policy rate and interest rates have been at a low level but liquidity in the business sector is still at the low level
namely 1) Structural changes in Thai economy, particularly high level of household debt, that leads to low level of consumption 2) Escalating trade tension between US and the rest of the world, which could
renewable energy, and providing direct financial support for new renewable-energy projects at a community level in key regions. 4 VE scale of assessment: Weak / Limited / Robust / Advanced 2 SCOPE Vigeo Eiris