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
Coronavirus outbreak has continued to affect the global economy during the first 6 months of 2020. It is expected to depress economic activity for the rest of 2020. In Thailand, the Bank of Thailand has revised
portfolio contributed to over 50% of the earnings together with diversity of revenue streams and higher returns. Rest was contributed by Necessities. The startup of the PTA expansion pro- ject in Rotterdam in
a QoQ basis. Operating rate for the segment was at 93%. On a YoY basis, core EBITDA increased by 20% but was lower by 14% on a QoQ mainly due to difficult market conditions temporarily influenced by
will be positive • MEG margins difficult to foresee from their strong levels at present • Corpus Christi expected to be delayed into 2020 • No impact from US ADD considered Asia Necessities 59 80 74
above due to government guarantees or strong counterparty credentials. Municipal bonds from the US market make up the rest of the 1% of bonds identified for solar power deployment, again with strong
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
million, THB 51 million from IPO and THB 49 million from cash from operation. The rest of IPO in the amount of THB 97 million, THB 22 million invested in short-term fixed income fund and THB 75 million
enabled the SEC to fully inspect the quality control systems of all audit firms as scheduled. As a result, users of financial statements can rest assured of the quality of the financial reports of the
focuses on identifying and understanding the extent to which future growth is related to the duration of an earnings string. The rationale is that the longer earnings strings, the more difficult firms