Thailand Focus 2014 attracts 60 foreign fund firms worldwide
Thailand Focus 2014, organized by The Stock Exchange of Thailand (SET), Phatra Securities pcl and Bank of America Merrill Lynch, welcomed 236 institutional investors, including 116 foreign fund managers from over 60 fund companies worldwide, joining the event, under the theme "Reforming for Thailand Sustainable Growth," and met with 113 listed companies during August 27-28 in Bangkok.
SET President Kesara Manchusree said, “The annual flagship event is organized for the eighth time. This year’s event has attracted 236 institutional investors. Of that, 116 from foreign fund managers of more than 60 fund firms showing interests in investment in Thailand, encouraged by an expected 4-5 percent Thailand economic growth for 2014 and promising business sector growth. There are 113 listed companies presenting their business insights in more than 1,122 meetings held for investors throughout the two-day event which could attract above over 700 participants, consisting of investors, company’s executives, as well as representatives from government and private sectors. In addition, delegates from Greater Mekhong subregion (GMS) stock exchanges in Cambodia, Lao and Vietnam, as well as GMS listed companies have also participated in the event.”
Krittiya Veeraburus, President of Phatra Securities pcl, a member of Kiatnakin Phatra Financial Group, highlighted, “Foreign investors has returned as net buyers since July, indicating gradual shift of foreign fund inflow and prospect for promising economic growth. The seminar will cover several interesting topics such as the country’s reform for sustainability, Thailand’s economic development strategy, infrastructure investment plan and corporate governance reform. We strongly believe that this year’s event would play a significant part in moving our country and the region forward in a strong and sustainable direction, in addition to investment in the Thai capital market.”
Bank of America Merrill Lynch Country Head & Managing Director Ornkanya Pibuldham, said, "Foreign holding has increased significantly in July, up more than USD 1.2 billion, and higher than other countries in Asia. Providing insights of the country’s reform concept and administration has helped improving investment attitude, continuously drawing foreign investment into the country. Simultaneously, we expect the 2014 trading value of foreign funds to be higher than in 2013. Therefore, this event is an opportune venue to present and transmit information to investors worldwide from Asia, Europe and the United States. Key issues investors paid attentions are Thailand’s economic administration direction, especially consumption stimulus measures as the key factor to help boost GDP growth, as well as other main policies from the current government.”
"Thailand Focus 2014: Reforming for Thailand Sustainable Growth" is one of SET's main activities to match the right financial opportunities catering to institutional investors around the world, while boosting capital market opportunities for Thai listed companies. For more information, please visit
www.set.or.th or S-E-T Call center 0 2229 2222.
