have been achieved. The capital market has developed and gone through a major turnaround in support of the country’s economic revival and sustained growth. Such advancement was reflected in the increase
trading volume target by the end of the year. Likewise, the markets for mutual funds and provident funds continued to grow throughout the year, echoing the public's favorable responses to the government's
to allocate their savings into investment properly ● Increase institutional investors as a vehicle to expand wider groups of investors 2. Measure to strengthen market confidence ● Ensure that rules and
, stronger protection for shareholder rights, whistle blower protection, and provisions to increase the independence and professionalism of the Securities and Exchange Commission (SEC). The SEC has also
to expand investor base, regulations were passed to allow the setting up of many new types of mutual funds, the mobilization of long-term investment through retirement mutual fund, the improved
Fund Approval and Management System (“OFAM”). In addition, the amendment would expand channels for announcement of dividend payment such as websites of asset management companies. The paperless
increase or 178.26 points higher than the 2006 Index which closed at 679.84. Throughout the year we accomplished our endeavors to develop the capital market to its next level of growth potential. We launched
increase flexibility and effectiveness in business operations by delegating other persons, who are prepared to operate the business under the principle of principal-agent relationship. SEC has held three
increase engagement and representation of a broader range of market participants such as investment management companies, listed firms, institutions or associations whose main focuses are investor education
Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to a Higher Level reform priorities in Asia 2011 REFORM PRIORITIES IN ASIA: TAKING CORPORATE GOVERNANCE TO A HIGHER LEVEL 2011 This work is published on the responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of the Organisation or of the governments of its member countries. This document and any m...