cars stood at 1.35% of average loan for 1Q19. Allowance for doubtful accounts and allowance for troubled debt restructuring amounted to Baht 10,919 million with outstanding Baht 4,500 million in general
both current and capital expenditures partly due to the pending of FY2020 budget. Exports for the year 2019 contracted at 2.7 compared to last year, in line with the continuing decline in global demand
lower current account 2) Central bank monetary policy - gradual tightening of monetary policy could help ease pressure on Thai Baht. However, over- tightening could lead to rise in Thai money market rates
improvements but certain limitations still remain 1) Structural problems in the Thai economy leading to a still low level of private consumption 2) The appreciation of Thai Baht due to the high current account
negatively impact export and investment 3) Less surplus of Thailand’s current account due to rising oil price from geopolitical risk especially in the Middle East and 4) Normalizing of interest rates
current account due to rising oil price from geopolitical risk especially in the Middle East and 4) Normalizing of interest rates, reflected from the Bank of Thailand (BOT) signal in considering the
export and investment 3) The increase in oil prices due to geopolitical tension, particularly in the Middle East, which negatively impact the current account surplus as well as leading to higher inflation