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Date/Time
28 Aug 2019 16:44:00
Headline
SET News :Thailand Focus 2019 showcases new government's and listed firm's potential, embracing over 330 investors
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SET
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SET
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SET News 64 /2019
                                                                                
   August 28, 2019

Thailand Focus 2019 showcases new government's and listed firm's potential, 
embracing over 330 investors

BANGKOK, August 28, 2019 - The Stock Exchange of Thailand (SET) hosted "Thailand
Focus 2019: Embracing Opportunities - The Next Chapter" in which Minister of
Finance Uttama Savanayana delivered an opening and a special keynote speech to
reaffirm confidence in the government's policy to move the Thai economy
forwards. This marks the country's first showcase to global investors after the
election.

At the event, leaders of business sector, capital and financial markets, and 
high-ranking executives of listed companies has jointly presented investment
opportunities and the Thai business growth potential, while 127 foreign
institutional investors with THB 2.6 trillion (approx. USD 83.9 billion) of
asset under management (AUM) participated in 2,112 one-on-one and group meetings
with 106 listed firms. Moreover, 13 ambassadors to Thailand also attended
presentations.

SET President Pakorn Peetathawatchai said that this SET flagship event has been 
has been well-received, attended by 127 global and 203 local institutional
investors, reflecting the outstanding of the Thai capital market, underpinned by
the country's fundamentals and robust listed companies. Thailand Focus 2019
shed light on public sector's policies which are promising to boost the economic
potential and attractiveness of capital market on the back of the connectivity
with CLMV Countries (Cambodia, Laos, Myanmar and, Vietnam), ASEAN, Eastern
Economic Corridor (EEC), future industry development, trade opportunities and
tourism, all of which are the country's strength.

"At the end-June, 2019, foreign holding in Thai shares rose to THB 5.15 
trillion, accounting for 30 percent of the total market capitalization,
suggesting that foreign investors still give long-term investment weighting to
Thai shares. At the event, the Finance Minister and ministers' team deep dives
into the country's economic policies in the context of consumption, public
investment, drawing foreign investors and export promotion, whereby attendees
gained insights into business growth potential directly provided by listed
companies' executives. Listed firms' capability coupled with Thailand's economic
stability would increase attractiveness of investment in Thailand in the eyes
of foreign investors, Pakorn added.
 
 Thailand Focus 2019 held during August 28-30, 2019 at Grand Hyatt Erawan 
Bangkok, is a unique platform for SET to attract institutional investors from
around the world.

For more information, please visit www.set.or.th/thailandfocus.
  
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