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Date/Time
21 Aug 2018 20:22:00
Headline
SET News :Thailand Focus 2018 highlights "The Future is Now" to attract foreign funds
Symbol
SET
Source
SET
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    SET News 64/ 2018
                                                                                
          August 21, 2018

Thailand Focus 2018 highlights "The Future is Now" to attract foreign funds

BANGKOK, August 21, 2018 - The Stock Exchange of Thailand (SET) will host the 
annual flagship inbound roadshow "Thailand Focus 2018: The Future is Now",
during August 29-31 at the Grand Hyatt Erawan Hotel in Bangkok. More than 150
foreign fund managers will gain insights into execution of national strategies
and a wide range of investment opportunities as well as meeting directly with
115 listed companies.

Under the theme "The Future is Now", this year's event showcases Thailand as one
of the best investment destinations in this decade and the time is now to
invest in Thailand, given the country's solid foundation, strengths in
well-being economy and coherent national and business sector directions.

SET President Pakorn Peetathawatchai said Thailand Focus 2018 would highlight 
the country's well-being economy, unique competitiveness and progress in
national strategy execution. Particularly, the Thai capital market stands ready
as a key fund-raising source for the country's massive infrastructure projects
as well as domestic and overseas expansion of Thai companies. Considering the
strengths and global recognition, the Thai capital market can bridge investors
worldwide to investment opportunities in CLMV where funding for infrastructure
is needed.

The event will provide institutional investors with opportunities to directly 
meet large, medium and small-sized companies listed on SET and Market for
Alternative Investment (mai). These meetings will allow investors and business
executives to exchange in-depth ideas and future prospects. The participating
companies have a combined market capitalization of THB 14 trillion (USD 414
billion), representing 78 percent of the Thai bourses' total market
capitalization (as of August 20, 2018).
        
"This year, Thailand Focus will include the special address by Deputy Prime 
Minister Somkid Jatusripitak who will deep dive into the strong and fast-paced
execution of national strategies and key development of the country's reforms.
Key economic ministers will also jointly present the country's attractiveness by
emphasizing major public sector projects, including Thailand Future Fund,
expected to be launched this year and a fund to be established for
Ayeyawady-Chao Phraya-Mekong Economic Cooperation Strategy (ACMECS), expected to
start next year. In addition to building the infrastructure for the well-being
of people, the Thai government has also accelerated innovations and
technological development so that they will be materialized and commercialized
in the near future," added Pakorn.

Moreover, in recent years many listed companies have leveraged the strengths of 
the Thai economy in services sector. At this conference, top executives of Thai
listed companies will present their current performance and the growth potential
of businesses in the well-being industries. In particular, Thai listed
companies operating in well-being businesses, including tourism, healthcare,
food and infrastructure development have delivered strong and robust growth.
More importantly, many of them are now the world's leaders in their industries.
Besides the strengths of the well-being sector, the quality of listed companies
with constant growth and promising outlook of upbeat growth supported by the
government's policy will be a magnet to attract foreign investors' interest.

The economic ministers who will present the updates and viewpoints are Minister 
of Industry Uttama Savanayana, Minister of the Prime Minister's Office Kobsak
Pootrakool, Minister of Digital Economy and Society Pichet Durongkaveroj, as
well as Bank of Thailand Governor Veerathai Santiprabhob.
 For more information, please visit www.set.or.th.

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