Bangkok, February 9, 2016 ? The SEC is seeking public comments on draft amendments to several regulations governing provident fund (PVD) management to promote PVD as an effective savings chanel for
the fund?s members manage their savings effectively and promotes national savings to support self-reliant of aged-population after retirement. It also helps relieve burden on their children and national
thus help prevent the retirees from using up all retirement savings. Duangmon Chuengsatiansup, SEC Assistant Secretary-General, said the SEC encouraged all asset management companies to set up post
market competitiveness, foster sustainable development, promote financial literacy and long-term savings for public and improve corporate governance and enforcement. The plan also goes on to promote
open later in 2017, while overseas investment by Thai businesses will continue to increase. Commercial banks’ liquidity management is expected to focus on readjusting deposit structures and appropriate
despite a sharp increase in LME zinc price. The USD zinc price increased by 23% from 2,781USD/ton in Q1 2017 to 3,422USD/ton in Q1 2018. Thai Baht appreciated against the US dollar by 10% from 35.29 THB/USD
. The SEC and the AOP will continue to collaborate to support the use of PVDs as an important tool for long-term savings and investment and a key financial resource for employees after retirement. The
Thai ESG funds. The initiative is expected to raise the public awareness of long-term savings to promote financial wellness and drive Thailand towards sustainable development. For more details
economy and environment, and promoting long-term savings to support an aging society. This will be achieved by expanding the investors base through mutual funds, provident funds, and portfolio advisory
The Securities and Exchange Commission (SEC) organized a seminar titled “The Development Direction of Provident Funds” to promote the use of provident funds as an efficient tool for long-term savings