In 2023, I, on behalf of the Board of Directors of RPCG Public Company Limited, would like to thank shareholders, partners, customers, and financial institutions. Executives at all levels as well as all employees who have always supported the Company's operations. This year is still a year that continues to face challenges from various factors, such as the world economic situation, geographic conflicts about the war between Israel and Hamas which has an impact on energy prices and crude oil prices in the world market soared causing high inflation. Therefore, monetary policies of different countries around the world, including the Bank of Thailand, measures have been taken to continually increase interest rates thus causing the global economy to slow down within the country, Thailand is no different from other countries. There is a problem from public debt, household debt and the cost-of-living increases causing purchasing power to decrease. For an overview of the direction of the Thai economy in 2023, although there are problems and obstacles that cause the expansion of the Thai economy to be lower than expected, but there has been a gradual adjustment and there are signs of recovery in a better direction from various economic and social activities, such as people returning to work at the office In addition, the new government has issued various measures to stimulate the government economy and welcome tourists from abroad. However, the company still closely monitoring and evaluating the situation in order to be able to operate under rapidly changing economic conditions.
Board of Directors still give importance and focus on reviewing and setting the direction, vision, mission, and strategy of the company including policies by supervising and monitoring our operations to ensure compliance with the set goals to be efficient and effective. In addition, the company places importance on the development of sustainability to cover all dimensions in terms of economy, society, environment by organizing various activities such as tree planting and waste reduction campaigns in the organization, the company believes that this approach will eventually bring benefits to the environment and help alleviate the impacts of climate and social change to create sustainability for the company's business as well as integration in business operations along with sustainable development.
However, the company is still looking for opportunities and alternative investment channels in various businesses that will help strengthen the company's business by adjusting the company's business strategy as well as emphasis will be placed on investments that continuously provide good returns in the long term. Please be confident that I, the Board of Directors and employees will intend with full strength and ability to conduct business with good governance and direction for sustainable growth and for the highest benefit of all our stakeholders.