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The Stock Exchange of Thailand (SET), together with Phatra Securities pcl and Bank of America Merrill Lynch, starts "Thailand Focus 2015" today until December 4 in Bangkok, attracting about 400 investors. Among those there are more than 80 foreign funds to meet directly with 100 Thai listed firms from all industry groups in more than 950 meetings.
The event, held under the theme "Opportunity Growth and Reform," has been presided over by Finance Minister Apisak Tantivorawong who delivered a speech on the government's reform policies. It would be also joined by high-level executives from the government sector, capital and financial markets, and Thai listed firms to present information on investment potential and opportunities in Thailand.
SET President Kesara Manchusree said, “Thailand Focus is an annually flagship conference to bolster investors’ confidence and showcase the Thai capital market's growth potential and strong fundamentals of Thai listed companies among global institutional investors. This year’s event could draw a great deal of interest, attracting about 400 investors, including more than 80 foreign funds, showing attractiveness of Thailand investment. while the government policies delivered by Finance Minister Apisak Tantivorawong on economic stimulus for both government and private sectors covering infrastructure investment and Thailand economic forecast 2016 and government policies addressed by Minister of Information and Communication Technology Uttama Savanayana, on the driving force behind Thailand’s digital economy, reaffirmed the potential of investment in Thailand. In addition, there are 100 listed companies presenting their business insights in more than 950 meetings, both one-on-one and group presentations.”
Krittiya Veeraburus, president of Phatra Securities pcl, a member of Kiatnakin Phatra Financial Group, assured, “The Thai economy is gradually recovering with support from government’s recent stimulus packages which include investment in infrastructure; tax deduction and exemption policies; and support in agricultural production and trading. These schemes contribute significantly in enhancing confidence and reaffirming that Thailand still remains attractive among ASEAN countries for foreign investors. Furthermore, with the advantages of Thailand as a production base for export and its strategic location that serves as a gateway of the region. Together with its rich resources and the increased demand, Thailand Focus 2015 would reaffirm the potentials of Thai listed companies and the country’s readiness to welcome all foreign investments.”
Ornkanya Pibuldham, Bank of America Merrill Lynch's managing director and country head of Thailand, said, “Thailand continues to offer a compelling story for international investors despite global headwinds. Continued investment flows into the Kingdom underline its strong fundamentals. Its position at the center of a rapidly growing ASEAN block provides additional impetus for growth. With reform and new stimulus measures in place, we believe that Thailand will continue to see direct and portfolio investment.”
