The Stock Exchange of Thailand (SET) kicks off its annual roadshows in various provinces by participating in the Money Expo in Pattaya City, Chonburi province, during February 7-9, as part of its 2014 domestic roadshow plan aiming to expand the investor base and match investment opportunities in six provinces with high growth potential that benefit in particular from the preparations for the ASEAN Economic Community (AEC) next year.
“SET aims to continuously and strategically expand the retail investor base. Although the Thai stock market has recently been adversely affected by both internal and external factors, it can still be turned into an opportunity for investors to prepare themselves by seeking sharper investment tips and competence, in order to invest wisely ahead of the market recovery. Currently, there are 166,000 retail investors accounts in provinces, equivalent to 17 percent of total trading accounts,” stated Kesara Manchsree, SET Executive Vice President and Head of Markets Division.
The nationwide roadshows will be organized in Chiang Mai, Chiang Rai, Chonburi, Nakhon Ratchasima, Songkhla and Udon Thani. These provinces are a key in each region, with significant economic and investment growth, on top of their underlying superb infrastructure. The potential savings and investment among affluent residents, entrepreneurs, traders and up-and-coming executives are high. These six provinces have benefited from urban expansion and show promising rises in savings, trading securities value, and increasing number of branches of securities firms and banks, all promoting GDP growth. The rising numbers of commercial projects, such as shopping malls, housing villages and condominiums, also point to an economic boom, Kesara added.
“To make them more effective, this year’s domestic roadshows will focus on the ‘all aspects of expansion’ strategy, covering the partner, content expansion and timing. Thus, SET, in a joint effort with the Thai Financial Planners Association, will enhance the financial planning skills to all types of investors, enabling them to invest with quality,” Kesara said.
As for the roadshow in Chonburi province, which has the highest securities trading volume in eastern Thailand, SET will hold a special exhibition at the Royal Cliff Hotel, under the concept “Match investment opportunities to become wealthy.” For more information, please visit www.set.or.th.
