, practitioners and experts on corporate governance in the region, as well as from OECD countries and relevant international institutions. Participants exchange experiences and push forward the reform agenda on
. Currency speculation further induced short-term capital inflows into the Asian region. Most Asian currencies appreciated against US dollar, and Thai baht was notably the most appreciating currency in the
, Thailand 2004 was a very challenging year for Thai economy and the capital market. We were faced successively with the adverse impacts of the SARs, the bird flu, and the oil price increases. But despite
. . . . . . . . ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ ○ 2001 proved to be an important and challenging year for Thailand’s capital market. As the key mechanism for the mobilization of long-term capital, the capital market positively demonstrated a clear
capital market and its position in the region as a preferred capital market venue; 4.2 Promoting good governance and high standards as an integral part of business of issuers, securities companies and
inflows to the region during September-October, driving up Thai and regional stock markets; C A P I T A L M A R K E T R E V I E W22 2. Interest rate cut: During the months of January and July, the BOT cut
achieved faster recovery in comparison with other countries in the region. This was evident by listed companiesû operating profits, expansion of domestic consumption, and strong increases in exports