only to Asia. The growing economic influence of the region and the important role played by China, India, and Indonesia in the G-20, the Financial Stability Board and the OECD Corporate Governance

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

. 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

market components. Ultimately, the principles of good governance underpin the sustainable development of a vibrant capital market capable of meeting the market constituents’ growing needs as well as 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

crisis has been limited, and they do not conduct joint inspections in spite of the growing importance of diversified financial companies to the Thai economy. The chair of the SEC recently resigned in

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