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The Capital Market Development Fund (CMDF) has reported its performance for 2024, with a total of 22 projects, supported their potential in capital market development. Looking ahead to 2025, CMDF continues its strategic plan with a focus on enhancing the capabilities of capital market professionals and driving policy initiatives that support the sustainable development of Thailand's capital market. These efforts are aligned with CMDF’s long-term goals and strategic direction.
Professor Kittipong Urapeepatanapong, Chairman of the CMDF Board, stated that it is committed to support, promote, and develop Thailand’s capital market ecosystem to strengthen the country’s overall competitiveness. This mission is pursued through various initiatives including the promotion of financial and investment literacy, the development of human capital in the capital market, and advocacy for regulatory reforms to accommodate evolving trends in the financial and investment sectors. Additionally, CMDF emphasizes capital market research to foster innovation in financial and investment products. Our focus is on driving the utilization of research outcomes by sharing knowledge and policy recommendations with relevant stakeholders, enabling them to effectively implement these insights in real-world operations. In 2024, CMDF funded a total of 22 projects related to ESG development, capital market workforce development, and efforts to enhance public investment literacy to protect individuals from financial fraud. Furthermore, CMDF supported a study on the development of a policy framework for the Thai Individual Savings Account (TISA), aimed to establish a strong and efficient long-term savings infrastructure. These efforts reflect CMDF’s strong commitment to act as a driving force for the sustainable and resilient growth of Thailand’s capital market. The CMDF Board believes that its funding initiatives will contribute to the advancement of the capital market across multiple dimensions, thereby fostering its continuous and sustainable development.
Mr. Juckchai Boonyawat, The President of CMDF, stated that during 2020 to 2024, CMDF has approved a total of 153 projects with a combined value of over 2,928 billion baht. Among these, 83 projects have been completed. All of those initiatives have contributed significantly to the capital market ecosystem in various aspects and aligned with CMDF’s mission. In addition to the study on the development of the Thai Individual Savings Account (TISA) policy, the Capital Market Research Institute (CMRI), under CMDF’s supervision, supported a wide range of research initiatives in 2024. These included studies on financial management of the provident fund during post-retirement, the studies on investment fraud and investor protection, and strategies for developing Thailand’s carbon credit market. In terms of researcher development, CMDF launched the “Researcher Pool” program to encourage emerging researchers countrywide to engage in capital market studies. This initiative was conducted in collaboration with the Office of the Permanent Secretary for Ministry of Higher Education, Science, Research and Innovation (MHESI), offering matching funds for academic researchers to conduct research related to capital market topic.
As a result of past project implementation, CMDF has supported the development of over 3,500 organizations and enhanced the skills of more than 15,000 capital market professionals. The Fund also promoted educational opportunities for industry professionals through both global and local certification programs, benefiting over 940 participants. Public awareness efforts through online media reached more than 80 million views. In addition, over 50 research articles were published on the CMRI website, attracting more than 17,300 views. More than 600 printed research publications were distributed to 30 organizations. Further details are available at www.cmdf.or.th/grant/result-announcement/.
CMDF is a legal entity established under the Securities and Exchange Act. It began operations in 2020 (B.E. 2563) with four key objectives; 1. Promoting the development of organizations and infrastructure 2. Enhance the Competency of Capital Market Personnel 3. Enhance knowledge and understanding of the capital market among investors, the general public, and related organizations. 4. support research and studies in areas relevant to the capital market. For more information about available grants, please visit: www.cmdf.or.th/grant/grant-announcement or contact: grant@cmdf.or.th LINE: @CMDF and Tel: 0-2009-9000
