Thailand Focus 2019 showcases new governments policies to reinforce confidence

Stocks and Financial Services Press Releases Wednesday August 21, 2019 16:58
Bangkok--21 Aug--SET

The Stock Exchange of Thailand (SET) will hold the annual flagship inbound roadshow "Thailand Focus 2019: Embracing Opportunities - The Next Chapter", during August 28 – 30, 2019 in Bangkok, marking the first conference for the new government to directly meet with global investors.

Thailand Focus 2019 will highlight attractiveness of Thailand and the capital market under the changing context after the new government has been formed. More than 300 foreign fund managers from many countries and regions, such as the US, Europe, Singapore, China, South Korea, Taiwan and India, will gain insights into the national strategies and investment opportunities as well as meeting directly with over 100 listed companies.

The participating companies listed on SET and Market for Alternative Investment (mai) across the industry groups have a combined market capitalization of THB 12.35 trillion (USD 400 billion), representing 72 percent of the Thai bourses' total market capitalization (as of August 20, 2019).

SET President Pakorn Peetathawatchai said that even though the Thai stock market has been affected by external factors causing some volatility recently, the country's economy and listed firms' fundamentals remain solid and they still pursue to expanding into overseas markets. To speed up, the public sector has materialized economic policies by rolling out measures to stimulate public and private investments. Thailand Focus 2019 will include the special address by Minister of Finance Uttama Savanayana, who will portray the country's economic direction and stimulus measures as well as the monetary and fiscal policies aimed at leveraging competitiveness to enhance global institutional investors' confidence.

The conference will focus on the Thai economic drivers, unlocking obstacles to sharpen competitive edge, basic infrastructure in the digital era, inclusive of connectivity and investment opportunities in CLMV, ASEAN.

At Thailand Focus 2019, top executives from the business sector will jointly present information about potential of Thai businesses which expand from central to other regions of Thailand, particularly the trading and tourism sectors and the Eastern Economic Corridor (EEC) development project under Thailand 4.0's national strategy. This development will substantially create more jobs and income sources to communities, ultimately contribute to economic and inclusive growth.

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