Thai Bourse Donates Funds For Typhoon Victims In The Philippines

The Stock Exchange of Thailand (SET) has granted THB 1 million (approx. USD 32,000) through the Thai government to aid the Philippines recover from the ravages of Typhoon Haiyan.

SET Chairman Sathit Limpongpun said that the devastating typhoon caused massive damage to assets and lives in the Philippines, and a continuous flow of international relief efforts was helping revive the country. SET, as one of Thailand’s economic drivers, realized the widespread and long-lasting extent of the catastrophe and was honored to help our friendly neighboring country.

SET President Charamporn Jotikasthira said that Thailand and the Philippines have had long and deep bonds of friendship, similar to the relationship between SET and The Philippines Stock Exchange. Our respective bourses have cooperated closely with other ASEAN exchanges to boost the attractiveness of ASEAN as an investment destination. This donation from SET would expand the ties between our countries and helped relieve the intense suffering of those hit by this typhoon.