Comments on: “Trading costs on the Stock Exchange of Thailand” Authors: Charoenwong C., Ding D.K., Jenwittayaroje N. Comments on: “Risk-taking behaviour during downturn: evidence of loss-chasing and

only gradually picked up. Even then, such growth remained uneven; improvement was seen only in certain businesses and in some areas. On the downside, however, trade policy uncertainty, in particular

durable goods. The Thai economy hence showed ongoing improvement from the first quarter. Nonetheless, the economic expansion, which was still limited and uneven, affected the performance of KBank and our

was uneven, with improvement concentrated in only certain industries. Under these circumstances, KBank has developed effective credit risk management policies, tools and processes to cope with potential

Risk Management During the first quarter of 2018, the Thai economy saw an uneven recovery amid limited growth in consumption, weak farm income and risks from uncertain trade policies and protectionist

combined market capitalization of the Stock Exchange of Thailand and the Market for Alternative Investment was 14.24 trillion baht, up 21.97 percent from 2013. The average daily trading volume of 45,466

to certain groups of customers and limited growth in some types of loans amid an uneven economic recovery. In addition, net fees and service income of the banking system continued to enjoy steady

Page 1 of 2 Ref. GEL.CS.012/2561 25th April 2018 Subject: The disposition of warrants to purchase common stock of Millcon Steel Public Company Limited No.4 (MILL-W4) To: President The Stock Exchange

tourists, compared to 5,872,145 people in the pre-COVID-19 period (Jan-Feb 2020), as travel restriction remained in place. In 2021, the recovery of the Thai economy is expected to be fragile and uneven

Page 1 of 2 Ref. GEL.CS.003/2561 27th February 2018 Subject: The disposition of warrants to purchase common stock of Millcon Steel Public Company Limited No.3 (MILL-W3) To: Director and Manager The