, 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
for the mutual benefits of countries in the region. The Asian Bond Market Development initiative is a very important example of a joint undertaking of which Thailand has been a very active proponent
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
Products for the SET It is essential for unlisted companies to be given support to prepare themselves to become listed so that there will be a long-term supply of new product for the SET. In this regard, the
possible limit of individual freedom, regulation is essential to uphold market credibility and orderliness. Yet, the regulator’s exercising of power must be prudent, fair and only as necessary to protect the
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
market confidence and business integrity, which in turn is essential for companies that need access to equity capital for long term investment. Access to equity capital is particularly important for future