year 2020, social security (“SW”) revenue decreased by 7%. The decline was due mainly to the revocation of discharge type & complaint’s payment, the dwindling check-up items and the lower recorded rate

excess. In addition, the COVID-19 outbreak resulted in various refineries successively lowering production to coincide with dwindling demand. Dated Brent and Dubai spread (DTD/DB) average in Q1/2020

pandemic. This led to various refineries cutting down on production to compensate for the dwindling demand, while the same quarter of the previous year, supplies were in a tight state. 10 Management

due to the appreciating US Dollar, after the FED raised interest rate 4 times during 2018 to the level between 2.25 to 2.50%, essentially dwindling crude oil demand from importing countries. Average

for the first time in 20 years. Gasoline / Dubai crack spread (UNL95/DB) in Q4/2018 was 4.92 $/BBL. When compared to Q3/2018 decreased by 6.60 $/BBL as a result of consecutively dwindling demand during

recorded slower growth from the same period of last year. The weakness was mainly attributed to dwindling exports hampered by the US-China trade war, the Thai Baht’s appreciation and global economic slowdown

E_1 Legal_FA_2015_12_29-c A brWCorpL.1hig A Executive Summary Management Discussion and Analysis For the Quarter Ending March 31, 2020 The Thai economy in the first quarter of 2020 sank into a recession due to the COVID-19 pandemic. Economic activity was crippled almost across the board in light of lockdown measures implemented in several countries to contain the viral transmission. Financial markets went into a tailspin, whereas turbulence was seen in manufacturing, service and tourism sectors,...

. ?Technology has become a powerful tool supporting Thai capital market development, particularly for promotion of financial literacy to the general public. Easy access to financial information will help enhance

G20 priority in 2015 to support investment as a powerful driver of growth. The Principles are also about inclusiveness. Today, millions of households around the world have their savings in the stock

Football League (EFL) are powerful marketing tools to spread out the Carabao brand globally. Overseas businesses continue to grow in both our existing export markets ranging from CLMV, Afghanistan, Yemen to