Bangkok (VNA) - The Stock Exchange of Thailand (SET) has announced a strategy to restore investors’ confidence in the country’s stock market with a focus on boosting credibility, increasing market capability and promoting sustainability.
The English-language daily online newspaper The Nation reported that the announcement was made during the annual event “Thailand Focus 2024: Adapting to a Changing World” held in Bangkok on on August 28, which saw the participation of executives from more than 100 leading companies and 178 institutional investors.
Speaking at the forum titled “Revitalising Capital Markets: Boosting Efficiency and Restoring Confidence”, SET chairman Kitipong Urapeepatanapong said the Thai capital market has repeatedly proved its capability and flexibility to survive crises, including global financial problems, political instability and the COVID-19 pandemic.
He expressed confidence that the Thai stock market will keep improving in the next 2-3 years and attract more investors thanks to fewer domestic uncertainties.
Moving forward, SET would focus on a three-point strategy, including boosting credibility and investors’ confidence through cooperation and information sharing with related agencies to ensure efficient regulations of the stock markets as well as increasing the capability of the Thai capital market to further attract both domestic and foreign investors. It will also promote sustainable practices among listed companies through the provision of Thai ESG funds, which offer tax benefits for companies demonstrating a high level of environmental, social, and governance efforts.
Through this strategy, SET intends to increase the number of listed companies that report their greenhouse gas emissions, which currently stands at 445 or 50% of all the listed companies. A 6.1% reduction in greenhouse gas emissions has so far been reported./.
Thai Foreign Minister on August 23 announced that Thailand has postponed its hosting of the sixth summit of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation ( BIMSTEC) until a new government is formed in the country.
The pilot project offering medical care at hospitals anywhere in Bangkok for 30 baht (0.85 USD) will have to be postponed, pending formation of the new cabinet, Acting Public Health Minister of Thailand Somsak Thepsutin said on August 21.
Malaysia, as ASEAN 2025 Chair, marked the bloc’s 58th founding anniversary on August 8 with a vibrant celebration in Cyberjaya, blending an official ceremony with a colorful cultural festival.
Vietnam plays an important role in Southeast Asia’s economic growth and is a key partner of her country in realising the shared vision of a peaceful, stable, and prosperous region, said Robyn Mudie, First Assistant Secretary of Office of Southeast Asia (OSA) – Southeast Asia Regional and Mainland Division at Australia’s Department of Foreign Affairs and Trade (DFAT).
The 2025 ASEAN Business Community Development (ABCD) Forum, themed “Empowering ASEAN's Next Leap: Digital, Sustainable & Entrepreneurial Transformation” brought together ministers, CEOs, and top industry experts to discuss key regional economic priorities.
The DES Ministry will seek cooperation from social media platforms to prevent the spread of fake news and monitor accounts related to such activities, he told reporters after chairing a meeting of the newly established Anti-Fake News Centre (AFNC).
The Joint Standing Committee on Commerce, Industry and Banking identified the US tariff reduction as a significant driver behind the improved economic outlook for Thailand.
Financial institutions and financial technology (fintech) players are intensifying their focus on expanding across the Association of Southeast Asian Nations (ASEAN), adopting tailored strategies to strengthen their presence in the region’s digital financial services landscape.
Featuring a permanent exhibition area, the ASEAN Hall will function both as a cultural showcase and as a dynamic venue for ASEAN-related events and programmes. Its inauguration on ASEAN Day added symbolic weight, marking a fresh milestone in ASEAN–RoK relations.
Thailand’s Ministry of Commerce and rice exporters are devising strategic plans to boost rice exports amid global market fluctuations, focusing on key markets and adjusting output.
The focus of the upcoming ASEAN Summit in October will be on strengthening economic relations through intra-regional trade and investment, as well as regional initiatives on energy networks and connectivity.
Indonesian Ambassador Rina P. Soemarno, who currently serves as Chair of the ASEAN Committee in Prague, emphasised the spirit of regional solidarity and cooperation, and the importance of enhancing ASEAN–Czech Republic relations.
The Indonesian Government is determined to seize opportunities to enhance the competitiveness of national agricultural products, an official has said, adding that it always strives to promote exports at the highest possible level, based on a mutually beneficial foundation.
Finance Minister Pichai Chunhavajira has outlined a six-point strategy to promote innovation, support small and medium-sized enterprises (SMEs), and push for Thailand's removal from the US Trade Representative (USTR)’s special 301 Watch List regarding intellectual property rights protection among trading partners.
Vietnamese Ambassador to Israel Ly Duc Trung emphasised ASEAN’s central role in regional mechanisms such as the ASEAN Regional Forum (ARF) and the East Asia Summit (EAS), highlighting its significant contribution to promoting peace, stability, and prosperity in Southeast Asia.
The consumer index of the University of the Thai Chamber of Commerce (UTCC), fell to 51.7 in July from 52.7 in the previous month. The sluggish economy and the trade war, as well as high living costs, continue to undermine confidence, the university said.
Deputy Speaker of the Hungarian National Assembly Istvan Jakab expressed his hope for further deepening Hungary’s ties with ASEAN countries and called for their support for Hungary’s accession to the Treaty of Amity and Cooperation in Southeast Asia.
The 30-storey tower crumbled seconds after a 7.7-magnitude earthquake hit neighbouring Myanmar on March 28. The partially built high-rise, meant to house the State Audit Office (SAO), was the only building in Thailand to collapse, killing 89 people on the site, mostly construction workers.
Indonesia’s waste generation is projected to exceed 50 million tonnes in 2025. Of the total, more than 20 million tonnes could potentially enter the ocean through rivers, coastal areas, small islands, ports, and marine activities, and thereby, pose a risk to coastal ecosystems and marine biota.
Indonesia is accelerating plans to increase lithium imports, particularly from Australia, in a bid to fill gaps in the electric vehicle (EV) battery supply chain and realise its ambition of becoming a global EV manufacturing hub.
Malaysia’s gross expenditure on R&D (GERD) reached 1.01% of gross domestic product in 2022, a notable increase, with more than 51% contributed by the industry sector. The country is targeting GERD to reach 2.5% by 2030, in line with the national goal of transforming into a high-technology nation.
