Capital Markets

Thailand’s capital markets are relatively mature, with most major private companies listed on the Stock Exchange of Thailand (SET) or one of three smaller bourses. The SET itself is somewhat unique among regional markets as it is a semi-governmental agency that borrows several features from the mutual structure. Demutualisation has been mooted several times in the past, but the current administration has opposed the concept. Meanwhile, the Thailand Futures Exchanges is seeing more trading in complex instruments like derivatives, with gold the most popular commodity to invest in, although new contracts for silver and oil futures are likely to draw interest. This section has interviews with Vorapol Socatiyanurak, Secretary-General, Securities and Exchange Commission; Asvini Tailanga, Chairman of the Executive Board, Thanachart Securities; and Charamporn Jotikasthira, President, the Stock Exchange of Thailand.