was still in contraction. Tourism sector essentially got greatest hit from border restriction and faced 100% drop in foreign tourist numbers. Bank of Thailand, then, slashed its forecast for Thai
jumpstarting economic growth. The US central bank slashed its policy rate for the second time this year during its September meeting, and may make another rate cut during the remainder of 2019. Meanwhile, the
government’s emergency decree launched in late March 2020, while others were closed due to plunging demand. At the same time, the Bank of Thailand opted to cut the policy rate and implement additional measures
Page 1 of 11 Singha Estate Public Company Limited Management Discussion and Analysis 1Q2020 Executive Summary Bank of Thailand, in late March 2020, slashed its forecast for Thai economy from the
company recorded total revenue of 396.89 million Baht in the second quarter of 2017 which reduced from the same quarter last year totaling 40.70 million Baht or 9.30%. The company recorded domestic sales of
company recorded total revenue of 396.89 million Baht in the second quarter of 2017 which reduced from the same quarter last year totaling 40.70 million Baht or 9.30%. Due to adjustment in selling price to
The company recorded total revenue of 641.47 million Baht in the third quarter of 2017 which reduced from the same quarter last year totaling 19.82 million Baht or 3.00%. Due to adjustment in selling
was Baht 0.1 million, decreasing -38.6% YoY as clients in property development sector cut their media spending due to the situation of Coronavirus disease 2019 (COVID-19) outbreak. Gross loss was Baht
the COVID-19 pandemic, which is presently spreading rapidly and appears almost uncontrollable coupled with a higher household debt. In addition, the Bank of Thailand cut the ceiling rates of interest
, KCE temporarily closed down one of its PCB factories (KCE International), reduced our headcount, and reduced working hours to two weeks per month to be in line with a decrease in production capacity