optimal level yet. At the same time, the Company experienced faster and further than expected sales drop. Thus, costs per unit climbs up at this point and affects the Company's performance in the short term
also signaling that there would be three rate hikes this year; markets have mostly factored in this interest rate uptrend. At the same time, short-term Thai bond yields dropped on lower-than-expected
maintain its tightening monetary stance through hikes in its policy rate, along with cutbacks in its balance sheet. Meanwhile, the European Central Bank and the Bank of Japan may be considering the right
remainder of this year, close attention should still be paid to US politics along with signals regarding the timing of the Federal Reserve’s tightening monetary policy, via both hikes in its policy rate and
showed signs of ongoing growth. This is despite the fact that the Federal Reserve has embarked upon a course of policy rate hikes and its Balance Sheet Normalization Program, wherein maturing US Treasuries
has also prompted the Federal Reserve and other major central banks to signal that no more rate hikes will be seen over the remainder of this year. In Thailand, most major economic indicators were on
China announced delays of their planned hikes of import tariffs on certain products. 6 To cope with domestic and international economic and political uncertainties as well as abrupt changes in capital
Fund had maintained its global economic projection for 2018 at 3.9 percent given that the US economy is expected to be bolstered by tax cuts and government spending hikes whereas other advanced economies
to deliver fewer rate hikes than last year, even though the policy rate will continue to rise incrementally in 2019. At the same time, the European Central Bank and the Bank of Japan may keep their
SECURITIES AND EXCHANGE COMMISSION, THAILAND ANNUAL REPORT 2014ANNUAL REPORT 2014 CONTACT INFORMATION This report can be downloaded from www.sec.or.th For more information about this report, please contact: SECURITIES AND EXCHANGE COMMISSION, THAILAND 333/3 Vibhavadi-Rangsit Road, Chomphon, Chatuchak, Bangkok, Thailand 10900 Tel. 1207 or +66 2695 9999 e-mail: info@sec.or.th This 2014 Annual Report is about policies, strategies and performance of the SEC. We aim to supervise and develop the Thai...