Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to a Higher Level reform priorities in Asia 2011 REFORM PRIORITIES IN ASIA: TAKING CORPORATE

ratio of gross non-performing loan (NPL) to total loans was at 2.9 percent, the same level as at the end of 2018. The Bank of Thailand’s Senior Loan Officer Survey indicated that in the first quarter of

the Bank’s well mixed of capital structure to be even stronger. As of September 30, 2019, total capital adequacy ratio, Common Equity Tier 1 capital adequacy ratio and Tier 1 capital adequacy ratio of

measures to prevent and contain the Covid-19 outbreak, as well as from ongoing infrastructure investment. Headline inflation in the second quarter of 2020 was -2.66 percent, down from 1.08 percent in the

B.E. 2020. For the rest of the year, the global economic slowdown, the prolonged US-China trade conflict and the uncertainty of Brexit negotiations, as well as the Baht’s appreciation will continue to

journey. That is why the Expectations Ladder sets out a summary of encouraged actions over four tiers, from those beginning to think about climate (Tier 4) to the net zero standard-setters (Tier 1). The

, particularly in sectors related to exports and tourism. Public investment totaled Baht 111.6 billion, near last year’s level, though investment in March edged up from the first two months. Headline inflation

, which is partly due to global economic recovery, as well as the growth in exports of electronic goods which supports Internet of Things (IoT). Private consumption expanded at a moderate pace as overall

quarter of 2018 continued to improve. Export performance remained strong, with 12.3 percent year-on-year expansion. Tourism also continued to perform well despite the end of the high season, as tourist

, 2019, the Bank issued 15-year Subordinated Notes qualified as Basel III-compliant Tier 2 capital amounting to USD 1,200 million, which supported the Bank’s well mixed of capital structure to be even