discipline since 3Q22 by removing the freebies in the entry- level package while taking cautious steps to uplift the ARPU. However, the fragile cost-concern environment, especially for price-sensitive segments
, outbound tourists, and economic activity. However, the rising inflation was an emerging factor pressuring purchasing power for price-sensitive consumers to look for cheaper packages. • Competition in the
was hit from inflation that eroded purchasing power in price sensitive customers while the competition remained intense. • Mobile revenue was at Bt29,107mn, decreased - 0.3% YoY and -0.4% QoQ from
)Direct firms become more tied and sensitive to Bitcoin. Implications Stock market: more regulated and protected Crypto market: scams and frauds The stock market offers a somewhat safer opportunity to
Doing Business Index Fragile States Index Freedom in the World Scores Global Competitiveness Index Resource Governance Index Press Freedom Rankings Women, Business, and the Law Worldwide Governance
to remain fragile as overall purchasing power has not yet recovered, and household debt remains at a high level. The operating result of the Company in this quarter is still in line with the plan
exercise its discretion or make decision in the operation for the intermediary; “end user” means the employees of the intermediary and contractors who engage in the operation and has access to the sensitive
to their confidence and risk aversion, we expect Thai investors to be sensitive to the tones of KAMs. H3: Different tones of KAMs are differently associated with cumulative abnormal returns/trading