economic slowdown resulting in declining export and plunging tourists’ spending especially Chinese tourists. The instability in Thailand politic and election in March 2019 slowed public investment. High
borderless marketplace of the ASEAN Economic Community (AEC). Given the increased degree of uncertainty in global economies, especially pressure from a looming trade war among core economies and their
, changes in consumer behavior from New Normal situation, and uncertainty of household income, as well as, the exaction of financial institution and liquidity of business. Nevertheless, the business sector
global economy grew at a decelerating rate in 2019 amid uncertainty surrounding the US- China trade rift and concerns about Brexit which lingered throughout the year. The World Economic Outlook of the
to conform with the government’s preventive measures. The Company and subsidiaries are still be able to operate as normal. However, under the uncertainty and highly fluctuate market during this COVID
volatility described above, the Company remains confident in the long-term potential of the DW business. As market volatility declines we expect the DW business to return to normal. Please be informed
% Company total revenue on 1st quarter of year 2020 increased 11.11 percent from the same period of last year. Main attributions are increasing in sale quantities from 2nd production line that reach normal
structural change in the business outlook of PET, and is an oppor- tunity for well-managed and committed PET producers like IVL to align supply reliability to customers. We benefitted from the instability
economic recovery once the outbreak is contained. Looking forward, the Thai economy will continue to face a high level of uncertainty so the MPC is standing ready to use additional appropriate monetary