The Stock Exchange of Thailand next year expects to finalise the primary listing rules for accommodating fund-raising by foreign companies, pending approval from the Bank of Thailand.

Read the original:
SET expects foreign listing rules completed in 2010

Demand from businesses have increased rapidly over the years in Thailand

Modest growth is seen resuming in 2010. The tempo of recovery will depend in large part on the Government fully implementing two fscal packages, including a new public investment program. Those plans would be at risk if political disruptions recur. The consumer price index is now forecast to decline this year, before low-level infation returns next year.

Nevertheless, Thailand performs well compared to other countries in the region on many aspects of government regulations and regulatory procedures that facilitate business. According to the latest annual World Bank’s Doing Business report, in 2008 Thailand ranks 13th among over 180 countries and 4th in East Asia in the ease of doing business. The ease of doing business is measured by quantitative indicators of regulatory requirements and procedures in ten areas in the life cycle of typical small and medium enterprises (SMEs) in the largest city in a country.
Imports from new ASEAN member countries also have lower import duties. As part of ASEAN Integration System of Preferences (AISP), tariffs of products such as vinegar, chili, certain vegetables, wood products, and electronic switchboards imported from Cambodia, Myanmar and Lao PDR are either reduced or abolished from September 2008.

stock-market

SET expects foreign listing rules completed in 2010

A clear policy framework is needed, and the development direction set forth by the policy makers should be based on reliable information on the current status of infrastructure development. Systematic, periodic, and internationally-standard information collection within the infrastructure sector will provide Thai policy makers with good background with which to assess the current situation, identify bottlenecks, set clear policy direction, and prioritize projects more effectively .

About the author

Leave a Reply

Sign Up for Our Newsletter

Get notified of our weekly selection of news

You May Also Like

SET contributes THB 40 million to locally developed Covid -19 vaccine

The donation is in accordance with SET’s intention to promote Thai innovations that can lead to tangible results, and the vaccine development projects are also in line with SET’s vision “To Make the Capital Market ‘Work’ for Everyone”.

SET lists natural rubber thread manufacturer “WFX”

WFX produces two types of rubber threads: rubber threads coated with talcum, and rubber threads coated with silicone. WFX distributes products to local and overseas customers under seven proprietary brands namely WORLD FLEX, THAITEX, QUALIFLEX, LT RUBBER, CHANGTHAI, PEGASUS (Blue) and PEGASUS (China).

How Thai businesses can manage modern slavery risks?

New tools developed in conjunction with with the Stock Exchange of Thailand and Finance Against Slavery and Trafficking have launched.