Interview with Pakorn Peetathawatchai, President of The Stock Exchange of Thailand
“During the past few years, the Thai economy has been expanding close to potential at around 3 to 4 percent. To expand our potential investment further, efforts have been made to upgrade our industries and logistics infrastructures. New airports, seaports, railways, motorways, and mass transits are now being built. Eastern Economic Corridor (EEC) in eastern Thailand is designated to be the home of new industries such as advanced automotive, smart electronics, and aviation. Our economic stability remains strong with low inflation, low unemployment, moderate public debt, and ample international reserves.”
“The Stock Exchange of Thailand (SET) has been instrumental in supporting our economic growth with 711 listed companies and 550 billion USD market capitalization or 102 percent of GDP. We have the highest liquidity and largest initial public offering (IPO) among our ASEAN peers. SET places great importance to sustainability issue, having been recognized as the United Nations Sustainable Stock Exchange with 19 listed companies in Dow Jones Sustainability Index.
SET also recognizes the importance of innovations that not only improve our operating efficiency but also enable new opportunities such as mutual fund distribution platform and digital assets ecosystem. SET also collaborates with various exchanges to exchange best practices and promote cross border investment.”
“Japan has been and will continue to be an important partner of Thailand for many years as our top export destination and key investors in strategic industries such as automotive and electronics. SET has a close collaboration with Japan Stock Exchange on Financial Literacy.”
“The Stock Exchange of Thailand aims to become an efficient capital market platform for sustainable growth to all sectors of the society locally and internationally under the vision ‘To Make the Capital Market Work for Everyone.’”