The Stock Exchange of Thailand aims to restore investor confidence through credibility, market capability, and sustainability, as highlighted in a recent forum attended by over 100 companies and investors.
The Stock Exchange of Thailand (SET) has unveiled a strategy aimed at restoring investor confidence in the country’s stock market. The focus areas include increasing credibility, enhancing market capability, and promoting sustainability. This initiative was discussed at the “Thailand Focus 2024” event in Bangkok, attended by executives from over 100 companies and 178 institutional investors.
SET Chairman Kitipong Urapeepatanapong highlighted the resilience of the Thai capital market, which has withstood various crises, including global financial issues and the COVID-19 pandemic. He expressed optimism about attracting more investors in the coming years due to decreasing domestic uncertainties.
To achieve its goals, SET will implement a three-point strategy that includes improving regulations through cooperation, increasing market capability, and enhancing sustainability practices among listed companies, such as providing Thai ESG funds with tax benefits. The aim is to boost the percentage of companies reporting their greenhouse gas emissions.
Source : Stock Exchange of Thailand works to restore investors’ confidence
