KASIKORNTHAI Regulatory Capital and Financial Performance Update
K
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
KASIKORNTHAI
Challenges: Exports
In 2023, Exports are expected to experience negative growth amid several uncertainties
Exports
Short-term Challenges
Key Structural Problems
Key Affected Products
Short-term Measures from Authorities
and Related Parties
Long-term Measures from Authorities
and Related Parties
■Global economic recession
■Ongoing geopolitical risks
■ Unfavorable weather condition
■THB volatility
■High dependence on China's market
■Changing demand in electronic products and loss of competitiveness in some areas
(e.g. HDD)
■High crop surplus among competitors
■Electronics and Electrical Appliances (Structural Challenge)
■Fishery and Agriculture Products (US SIMP)
■Steel and Aluminum (US tariffs and CBAM), Washing machine (US tariffs)
■Plastic, ICs, Machinery and Electrical Equipment (US-China trade dispute)
■ Extending products to catch up with changing consumer trends
■ Enhancing practices to comply with international standards
■Setting up export promotion board
■Providing supports to help individuals gain skills and qualifications relevant to the needs
of the labour market
■Negotiating FTA and regional trade agreements
■Relocating factories to GSP eligible countries
■Promoting BOI privileges granting merit based on competitiveness enhancements
■Enhancing productivity
Note: HDD Hard Disk Drive; IUU fishing = Illegal Unreported and Unregulated fishing; FTA = Free Trade Area; GSP = Generalized System of Preferences; BOI = the Board of Investment of Thailand
Source: KResearch (as of January 2023)
บริการทุกระดับประทับใจ
K
KASIKORNTHAI
ธนาคารกสิกรไทย
开泰银行 KASIKORNBANK
Economic Condition Highlights: CAPEX and Investment Cycle
Capacity Utilization by Key Industries
Investment value of BOI-approved applications (Total)*
food
baverages
tobacco
31.0
textiles
paper and paper products
rubber and plastics products
42.8
basic metals
motor vehicles, trailers and semi-trailers
Other manufacturing
43.9
45.9
46.1
52.9
500.0
700.0
631.1
618.6
511.9
459.5
447.4
361.4
53.3
300.0
69.2
72.7
0.00 10.00 20.00 30.00 40.00 50.00 60.00 70.00 80.00
9M23 2022 2021
Investment Value (Bn)
100.0
364.4
-100.0
2017
2018
2019
2020
2021
2022
1H23
Investment value of BOI-approved applications (by Industry)*
150,000
130,000
110,000
1H23
107,688.0
90,000
70,000
38,932.0
50,000
18,211.0
22,244.0 25,963,0
30,000
14,408.0
9,926.0 10,765.0
13,053.0
5,003.0
10,000
-10,000
Agricultural Food and
Biotechnology
Source: The Bank of Thailand (BOT), The Ministry of Commerce (MOC), and Office of Industrial
Economics (OIE)
Source: The Board of Investment of Thailand (BOI)
Note: *Figures above indicate investments of approved projects requesting investment promotion
benefits from BOI
** BOI announced new activities & privileges promotion (effective in 2023)
บริการทุกระดับประทับใจ
High Value Service
156
**
155View entire presentation