primarily on foreign sources of capital, a credible corporate governance framework, supported by effective supervision and enforcement mechanisms, will help improve the confidence of domestic investors
million baht respectively. Accordingly, buying volumes of domestic institutional investors were partly from the establishment of new 40 equities mutual funds. High level of confidence among domestic
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
above external risk factors, the increase in the domestic inflation rate is also viewed as a risk factor to Thailand’s economic growth. It is anticipated that domestic inflationary pressure will be high
, and political uncertainties. In comparison with a big jigsaw picture, the country economy presents itself a scene of the gross domestic product that has continued to rise firmly during the past 2-3
Assessment, an annex to this Rosc. dSi: department of special Investigations fAP: Federation of Accounting Professions fPO: Fiscal Policy office GdP: gross domestic Product GmS: general meeting of shareholders
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
progress and remaining challenges, and formulated common policy objectives and a practical reform agenda. Awareness of the OECD Principles of Corporate Governance is now high in the region. In fact, all
, the Master Plan stresses the promotion of the supply of high quality products. A key initiative in this area, deriving from the government’s privatization policy, has been the promotion of initial
borrowing and lending, and joint venture management. As a result, any intermediary wishing to operate only brokerage business, for example, would have to meet the high minimum paid-up capital rule despite its