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The 31st ASEAN Capital Markets Forum (ACMF) Meeting today in Phuket discussed the progress of ACMF initiatives on sustainability, connectivity and resilience. The initiative on developing a Roadmap for ASEAN Sustainable Capital Markets (Roadmap) was endorsed by the ASEAN Finance Ministers’ and Central Bank Governors’ Meeting (AFMGM) in April 2019. The Roadmap promotes a common vision and comprehensive direction towards an ecosystem for sustainable capital market development, as well as an ASEAN...
related parties to increase efficiency, under the Strong Listed Companies Project, which was initiated around 2022 year-end and is expected to propose for the SEC Board’s approval this July.” Mr
partly because the overall household purchasing power was not sufficiently strong and household debt remained elevated. Private investment picked up in line with the improved economic outlook, and with
. Exports of services grew at a lower rate as the results of the number of Chinese tourists contracted, due to the Phuket tour boat sinking incident, and the number of Russian tourists declined, due partly to
strong across-the-board growth. The business sector remained challenged by new modes of competition amid the advancing digital age and the rapid pace of technological advancement, together with the
poised to maintain its key policy rate throughout 2019. Given the Thai economy’s strong fundamentals, risk- averse investors thus put greater weight on Thai assets, as evidenced by ongoing capital inflows