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The Stock Exchange of Thailand (SET), jointly with the Federation of Thai Capital Market Organizations (FETCO), organized a special session by inviting Thailand Prime Minister General Prayut Chan-o-cha to listen to a presentation by Permanent Secretary of Ministry of Finance on the role and strategic development framework of the Thai capital market. Top executives in the capital market also made commitment for capital market development on this special occasion held at The Stock Exchange of Thailand‘s new office (SET@93 Ratchada) on January 15, 2016.
SET Chairman Chaiyawat Wibulswasdi stated, “It’s an honor for SET and FETCO to welcome the prime minister during his visit today to the new head office of The Stock Exchange of Thailand to attend a special session on the capital market’s role and strategic development framework of the Thai capital market delivered by Somchai Sujjapongse, Permanent Secretary of Ministry of Finance. The prime minister also outlined the government's policies and guidelines to enhance the Thai capital market development. The session was participated by 500 top executives from listed companies, securities firms, asset management firms and capital market stakeholders. It is significant that the capital market leaders have also made strong commitment on capital market development towards sustainable growth.”
FETCO Chairman Vorawan Tarapoom said, “The Thai capital market has played an important role as the source of funds to support various business sectors, as well as the long-term investment hub for investors. Currently, the combined market capitalization value of SET listed companies has surpassed the country’s GDP. Meanwhile, FETCO has been active in voicing opinions to stimulate the government’s key measures and policies, as well as educating Thais on investment and savings, in order to create wealth and prosperity for the households, the society and the country as a whole. Significantly, all members of FETCO, comprising of Association of Thai Securities Companies, Thai Listed Companies Association, Association of Investment Management Companies, Investment Analysts Association, Thai Investors Association, The Thai Bond Market Association, including The Stock Exchange of Thailand, fully support the government’s policies in order to lay a strong foundation for the country in the long run.”
On this occasion, the prime minister also visited the first investment discovery museum in Thailand called “INVESTORY” located at SET’s new building. This museum supports SET’s role to enhance financial and investment knowledge among Thai youth, investors and the general public.
