20T H ANNIVERSARY 1 Securities and Exchange Commission, Thailand Annual Report 2012 SEC ANNUAL REPORT 20122 THE YEAR OF CHANGE The year 2012 was the time for change to become the visionary partner whose balance between proactive and preventive approaches has led to stakeholders’ confidence in the Thai capital market. THE YEAR OF CHANGE 20T H ANNIVERSARY 1 02 MESSAGE FROM THE CHAiRMAN 04 MESSAGE FROM THE SECRETARY-GENERAl 06 SEC BOARd 09 CApiTAl MARkET SupERviSORY BOARd 12 ExECuTivE OFFiCERS 13 O...
easing COVID-19 situation with a rebound of foreign tourists which boosted Thailand’s economic recovery. Nonetheless, domestic demand stayed soft due to the global geopolitical conflicts that created
better liquidity management, relaxing rules governing the merger of mutual funds and prescribing rules on unitholdersû records ● Promoted the issuance of license to operate inter-dealer broker (IDB
) Easing of the financial conditions – although the policy rate and interest rates have been at a low level but liquidity in the business sector is still at the low level especially for SMEs business. This
crowding-in of private investment. 3) Easing of the financial conditions – although the policy rate and interest rates have been at a low level but liquidity in the business sector is still at the low level
. The MPC deemed the easing in monetary policy since the beginning of the year, as well as additional fiscal, financial and credit measures, will help mitigate the effects of the pandemic and support
times its total foreign-currency-denominated debt. The Thai baht stood at 32.55 THB/USD at the end of 2018, easing by 0.75 percent from 32.31 THB/USD at the beginning of the year. On the domestic front
, the drought conditions and the delay in FY2020 budget. However, the economy will be supported by a gradual global economic recovery following easing trade tensions and reduced risks of a no-deal Brexit
affected by the COVID-19 outbreak originating in China. However, export growth is expected to improve, resulting from easing trade tensions between the US and China. V3 27/02/63 3 Given this highly uncertain
gradually pull back on their quantitative easing programs. Interest rates will rise, affecting Thailand’s financial environment although at the same time the Thai economy is still likely to expand