rise from the end of 2011. The positive SET Index and market capitalization reflected local and international investors’ confidence in the Thai capital market as well as the robustness and attractiveness

hampered by low economic growth among Thailand’s key trading partners, particularly China and Japan. The tourism industry was slow to recover as well. Although global and domestic economic conditions were

years. The capital market, as a fine piece of the picture, glues and connects other elements to complete the whole picture, and is well reflected by the confidence of domestic and foreign investors in the

accordance with the first paragraph shall be specified by the SEC. SECTION 14. The SEC shall have the power and duty to formulate policies to promote and develop, as well as to supervise, matters concerning