“Pakorn” believes in “Assadej” Leading a sustainable Thai capital market

The Stock Exchange of Thailand, 16 Sep - "Pakorn" revealed that throughout his work, he aims to develop the capital market, raise funds, promote sustainable finance, point out that fund flows continue to inflow, and we are close to seeing a turning point. Leading a sustainable Thai capital market in the midst of the challenges of a rapidly changing world Mr. Pakorn Pittawatchai Director and Managing Director of the Stock Exchange of Thailand (SET) Speaking at the Meet the Press event held to bid farewell to Mr. Pakorn's term of office on September 18, he said that during the period of his tenure, he was appointed as a member of the Board of Trustees. The SET has developed in many areas, especially 3 important matters. The first issue is to provide services, whether it is fundraising or investment that has been developed to be more competitive in the global market. Issue 2: The SET focuses on infrastructure investment in the capital market. The third issue is to promote sustainable finance and provide knowle dge about finance and investment. Doing Business Sustainably In addition, the world has changed rapidly in recent years, both technology, investor behavior, and various social media. Working in the capital market also requires adjustment. Adjust various rules for both the SET and the regulator. It makes us believe that what we have done will make the Thai capital market develop continuously and sustainably. Mr. Pakorn also mentioned the direction of the Thai capital market, saying that the sentiment that has returned comes from both domestic and foreign factors. This improves liquidity in the global market. The economy has begun to recover in many countries. Although there are some political conflicts, the impact has decreased. Meanwhile, domestic factors in the Thai economy began to recover. More tourists Exports are in a better direction. The baht has strengthened by 6% in the past few weeks. In addition, the improvement in the Thai stock market index also reflects the profitability of listed companies in the first half of 2024, which grew by almost 10%, almost the same as before the COVID-19 period. What I want to leave to investors is to continue to follow the information. "With the government having clear policies, whether it is the Vayupak Fund or the ThaiESG Fund, I believe that it should make fund flows back continuously, and if the economy continues to recover, it will become a turning point," Mr. Pakorn said. Mr. Pakorn also sent a message to Mr. Assadej Kongsiri. Director and Manager of the Stock Exchange of Thailand The 14th person said that there are still challenges from the global economy that has changed a lot. Rapid impact Therefore, future adjustments must be monitored and analyzed to issue appropriate rules. Moreover, the globally connected marketplace makes it more competitive. How can the Thai capital market still be comparable to other countries? It is a market where people want to raise funds. I believe that it is a challenge and something that the new SET manager must lead to sustainabl e growth. Source: Thai News Agency