The Stock Exchange of Thailand's New Vision for Future Growth
The Stock Exchange of Thailand or SET is committed to advancing the digital capital market alongside traditional ones, to help businesses of all sizes as it nears its 50th year. SET’s president introduced the 'Make it Work for Every Future' concept aiming for sustainable growth, economic stability, and welcoming both local and foreign companies. Despite a recent dip in the Thai index, the SET is optimistic due to ongoing economic recovery and plans to become a regional financial hub. SET outlines five strategic goals focused on becoming a regional exchange, supporting businesses, digital transformation, efficiency through AI, and sustainability, with a current market cap of 17.4 trillion baht.
The Stock Exchange of Thailand (SET) is committed to advancing the digital capital market to complement the traditional marketplace, providing businesses of all sizes with new funding opportunities as it approaches its 50th year.
SET President Pakorn Peetathawatchai revealed the 'Make it Work for Every Future' concept, focusing on products and services that promote sustainable growth, economic stability, and environmental balance.
The initiative also positions Thailand as a regional financial hub, welcoming foreign companies to raise funds and offering avenues for Thai investors to invest internationally.
Over 30 foreign companies, mainly Japanese subsidiaries, currently raise funds in Thailand, with more expected in the future.
Despite a dip in the Thai index this year, economic recovery is underway, aided by the fiscal 2024 budget and improved investment clarity.
SET has set five strategic goals: becoming a regional exchange, supporting businesses of all sizes, transitioning to digital markets, improving efficiency through AI, and focusing on sustainability.
With over 850 listed companies and a market capitalization of 17.4 trillion baht (US$480 billion), investor participation continues to grow.