economic slowdown resulting in declining export and plunging tourists’ spending especially Chinese tourists. The instability in Thailand politic and election in March 2019 slowed public investment. High
structural change in the business outlook of PET, and is an oppor- tunity for well-managed and committed PET producers like IVL to align supply reliability to customers. We benefitted from the instability
operating their businesses will enable them to better compete in the power business and other related businesses, as well as invest in various projects of a larger size in Thailand and overseas. This will
various projects of a larger size in Thailand and overseas. This will materially increase the business growth rate and operating performance of the Company. 7.4 The Company expects that it will be able to
, namely the Eurozone, Japan and Britain, may see an economic slowdown due in part to their political instability. Moreover, global trade tension would further intensify, which may dampen investors
increase in Gasoline exports. Additionally, various other refineries were running at high utilization rate due to high GO/DB and FO/DB crack spread level, which consequently lead to high supplies of Gasoline
help offset declining tourists from China. Amidst political instability and the expected Presidential and Parliamentary election in 2018 and 2019 respectively, the Company is confident in its ability to
temporarily. For private investments, that decreased from the same period of last year in all sectors from instability of the economy, except for ongoing projects of improvement, maintenance and automation