and Exchange Commission No. So alternative assets, such as REITs/infrastructure funds/ property funds/ private equity/ commodity indices/ gold/crude oil, at an average of not less than 80% of NAV in an

. Equity Market Outlook 2008 The Thai stock market is expected to be volatile in 2008. Risk factors include concerns over stability of the new government, the world's higher crude oil price due to increasing

Totsakan (the Demon King), the Conquer of Good over Evil. Khon masks... headdresses worn by Khon performers, the single most important character-identifying piece of Khon costume. The masks, now an

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

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

, reduce the cost of capital, underpin the good functioning of financial markets, and ultimately induce more stable sources of financing. There is no single model of good corporate governance. However, some

, however, can arise where a single family or group enjoys effective control of an enterprise or where the state owns a significant stake in the company. In such cases, which occur frequently in Asia

Annual Report 2003 A N N U A L R E P O R T 2 0 0 3 S E C U R IT IE S A N D E X C H A N G E C O M M IS S IO N & O F F IC E O F T H E S E C U R IT IE S A N D E X C H A N G E C O M M IS S IO N , T H A IL A N D SECURITIES AND EXCHANGE COMMISSION, THAILAND OFFICE OF THE SECURITIES AND EXCHANGE COMMISSION, THAILAND ANNUAL REPORT 2003 SECURITIES AND EXCHANGE COMMISSION, THAILAND OFFICE OF THE SECURITIES AND EXCHANGE COMMISSION, THAILAND 10th and 13th-16th Fl. Diethelm Towers B, 93/1 Wireless Road, Lump...