the previous quarter, according to data from Bank of Thailand and NESDB. This was mainly from acceleration of export sector and tourism sector continued to recover. In addition, the household
purchasing power has still not recovered. This is reflected in the consumer confidence index which remains at very low levels, with consumers remaining concerned over high levels of household debt and their
factors have not yet been fully reflected in household purchasing power due to high levels of household debt. Consequently, the increase in household income is being partly used to repay debt, and so will
changes have led to an increase in sales of related products such as household accessories, home and kitchen appliances, audio visual, kitchen wares, home decoration items and tiles. • Number of store
export sector. In addition, the household consumption expanded by 3.1%, compared with 2.2% in the previous year, which was supported by the government stimulus measures at the end of 2016. The Thai economy
of household debt. On the other hand, public spending and investment continued to grow due to government’s relief measure through cash injection for people and businesses. As of August 31, 2020, the
equipment, household electric appliances and automotive electronic products. The main products are DC- DC Converter, Power supply for Computer & Server, Custom Design product, Automotive electronic product
applied to computer, server, office automation equipment, household electric appliances and automotive electronic products. The main products are DC- DC Converter, Power supply for Computer & Server, Custom
revenues were 5,005 million baht, decreasing 19% y-y. This is a result of the COVID-19 pandemic situation, economic slowdown and a higher household debt, In addition, the Bank of Thailand cut the ceiling