(NESDB) forecasted Thailand’s economy to expand in the range of 3.50% to 4.50% (Mean 4.00%), lower than the expansion of 4.20% in 2018. A lower projection is mainly resulted from the uncertainty of trade
significantly progressed to meet the deployment deadline by the end of Y.2020. As soon as the projects are completed, they will help generate other recurring incomes. Unit : million Baht Revenue from Customer
. The downside was mainly stemmed from the impact of export contraction affected by the global economic slowdown, prolonged US-China trade tension and the Baht appreciation. As for economic outlook in
Corporation Plc. | lower production quantity, and the trade negotiations between the US and China progressed smoothly. However, the average crude cost used for production in Q4/2019, partially reflects the high
with the Energy Regulatory Commission (ERC) for final approval. The project targets for 85% contracted by commercial operation date. The construction of the project has progressed 75.48% (The
and according to target. In 3Q19, growth in the Thai economy decelerated primarily driven by a decline in export growth from world-trade sluggish effecting from Trade War. However, the Thai economy is
growth from baht appreciation and world-trade sluggish. However, the Thai economy is attributed mainly by number of factors, namely 1.) growth in private consumption continues despite a lower rate of
and according to target. In 2019, Thai economy has decelerated with GDP reported at 2.4% decreased from 4.1% in 2018 as a result of declining in export growth and Baht appreciation. The world-trade
contract in the amount of THB 78 million. As for BCP Trading Pte. Ltd. , the company recorded more revenue from the amount of trade transaction and the significant increase in oil price. Management
affected by the decline in most of the finished product and crude oil crack spreads, as a result of the oversupply situation in finished oil products, and the anxieties over the trade war between the US and