. Meanwhile, the private sector remained slow down the investment because there was worry about political stability after the election. Household sector paid more attention on spending because there were still
cryptocurrencies wealth effect spills over into real estate prices, and not vice versa. Appendix (BAYC Otherside) The wealth effect works in BOTH directions. So, why should we worry about wealth effect #1: Is
spend on advertising and slow down to increase marketing budget according to Thailand’s mourning period of King Rama 9. However, customers who focus on content services are continue to advertise. 4) Other
– December) historically generates higher revenue and earnings contribution to VGI Group, the mourning period is expected to impact the digital media segment by approximately 1 month in 3Q 2017/18. This impact
renovation of three hotels under Dusit Thani brand, and caused by a temporarily weaker demand from catering and convention during the mourning period and the royal funeral of King Bhumibol Adulyadej. Earnings
subsequent mourning period to October 2017, Entertainment and promotional marketing decrease out of respect to the country beloved King and out of request from the Government along with a decrease in private
declined 615,200. The data consumption continued to accelerate with blended VOU rising to 4GB/data sub/month driven by 4G. HD video streaming has become popular while data plans were designed to be worry
, driven by growing popularity of video streaming, worry-free data packages, and increasing 4G device penetration (42%). As a result, non-voice revenue expanded to 60% of service revenue (excluding IC
service, emphasizing on convenience, simplicity, and worry-free to use mobile data. Competition in fixed broadband has been heightened by the incumbents. Although an average industry ARPU remained in a
outlook for 4Q17 should be positive compared to last year after passing the mourning period and Royal Cremation Ceremony since the end of October 2017. For hotel renovations, the Company already completed