from poor timing and end up buying and selling at the wrong times. /Timing the market is too difficult. “It is a losing strategy” gChasing (short term) past performance has been a basic investment

increase in 2) short-term loans from financial institutions of THB 255mn. 3-MONTH CASH FLOW SNAPSHOT (THB mn) 719 455 (2,035) 2,078 Beginning cash (31-Dec-19) CFO CFI CFF Ending cash (31-Mar-20) 1,216 1,099

start of this project are lower than buying new lands for development. At present, to procure or to collect big plots of land that have adjacent area are quite difficult and use a lot of investment funds

majority and sheer number of parties, governing could prove difficult. A large stimulus package is expected and large-scale projects are likely to go ahead. This should help boost the economy going forward

equipment of THB 96mn. 6-MONTH CASH FLOW SNAPSHOT 1,216 1,199 8 336 (361) Beginning cash (31 March 2020) Cash flows from operating activities Cash flows from financing activities Cash flows from investing

162mn. 12-MONTH CASH FLOW SNAPSHOT (THB mn) 719 455 (2,035) 2,078 Beginning cash (31-Dec-19) CFO CFI CFF Ending cash (31-Mar-20) 719 1,217 Beginning cash (31-Dec-19) CFO CFI CFF Ending cash (31-Mar-20

and service were difficult due to the weak purchasing power. Since the consumers were price- sensitive, together with a high competition in the market, some entrepreneurs turned to reduce their

. Entrepreneur have been reducing cost in other side such as wages and utilities, by taking measure to temporarily reduce employment and wages. However, price increases are difficult due to decreasing purchasing

property and water investments; and will also facilitate the issuance of bonds from issuers who would otherwise find it difficult to gain recognition for their low carbon investments. The goal is to attain a

have laws about this already” – Agencies are staffed by lawyers, not software engineers – Enforcement is very, very difficult • When regulation comes to crypto, it will likely be voluntary, driven by