declared as the “Year of Shift”. It is the opportunity for the organization, high-ranking executives and staff to revise the business model in order for the organization to achieve stable growth and the goal
income. Public spending also increased from spending on goods and services and compensation expenses while capital spending declined from the high base effect of last year from the disbursement of
Wealth Management. For high net worth clients, other wealth management products are provided such as mutual funds and structured products. For 2018, the market share 3 of PSEC was 4.55%, ranking 7 th from
area and also from the decline in construction material sales in line with the slowed down in the real estate sector. Additionally, investment in machinery and equipment also contracted as exhibited by
financial institutions in loans approvals due to the deteriorations in asset quality. Private investment contracted in the investment in construction from the decline in permitted construction area and also
stemmed from the relocation of the manufacturing base of hard disk drive to Thailand earlier. Meanwhile, public spending in capital expenditure slightly declined from the high base of last year. For export
standards Environmental Priority areas protection The area of land to be utilized does not contain, and is not suspected of containing, primary forest or High Conservation Value (HCV) areas. The land area is
year. The high increased for the passenger car segment are the results of the low base of previous year, the launch of new car models, new car purchase from the end of the first car scheme and the
namely 1) Structural changes in Thai economy, particularly high level of household debt, that leads to low level of consumption 2) Escalating trade tension between US and the rest of the world, which could