pressure on both economic stability and economic expansion, as the country is sensitive to the price of oil. Looking forward to 2005, considerable concern has followed the increase in price of US crude oil

fund/ commodity/ gold/ oil and so forth with the fiscal annual average of not less than 80% of the NAV. ▪ In case of the fund with a https://publish.sec.or.th/nrs/9030s.pdf PowerPoint Presentation % 0% 0

achieved continual growth despite the emergence and persistence of multiple risk factors such as higher oil prices, global economic slowdown especially in trade alliance countries, exchange rate volatility

uncertainty and external challenges led by record-high oil prices, fluctuation of foreign capital flows at rapid speed and in high volume, and US subprime mortgage crisis. Yet, the Thai capital market succeeded

● Development of Debt Instrument Secondary Market Expansion of Investor Base and Distribution Channels for Investors and Promotion of Investment Culture ● Additional Mutual Fund Management Licenses in the Thai

Expansion of Investor Base and Distribution Channels Coupled with Promotion of Investment Culture ■ Additional Mutual Fund Management Licenses to Promote Professional Management in the Thai Capital Market

Ministry of Energy in oil and gas major PTT, the largest listed company. It has issued guidelines on corporate governance and related areas for SOEs. The Federation of Accounting Professions (FAP) is the