downward trend of the equity market was due partly to market correction after a strong surge during the second half of 2003. Nevertheless, there were a number of negative factors shedding uncertainty on the
the necessary resources and experienced personnel in order to be able to supervise the operations of the delegated persons, and to formulate the policy in the delegation of other persons to operate a
Annual Report 2006 Khon... the classical masked drama since the Ayudhya period (A.D. 1350-1767). It is performed to the epic of Ramayana, which portrays the war between Rama (the Righteous King) and 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 invaluable export item, epitomize the exquisite beauty and unique elegance of Thai fine arts. In Suppor...
might leave shareholders and other stakeholders with uncertainty concerning their status and implementation. When codes and principles are used as a national standard or as a complement to legal or
investors that may occur from wrongful conduct of businesses. In addition, personnel of investment advisors who provide advice must also be registered with the SEC and must comply with code of conduct
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
among business operators, investors and the public. At present, it is concluded that the SET will be the core leader and major shareholder in the development company along with providing personnel support
the Permanent Secretary, the Prime Minister Meetings of the personnel management committee/meetings of the SEC Board and meetings of the Good Governance Subcommittee Relevant committees ITA Project
that plan; (2) designate a unit or personnel as point of contact and report to executives or persons related to the securities clearing house or central securities depository, as the case may be, for
Report on the Observance of Standards and Codes (ROSC) CORPORATE GOVERNANCE COUNTRY ASSESSMENT Thailand JANUARY 2013 Report on the Observance of Standards and Codes (ROSC) CORPORATE GOVERNANCE COUNTRY ASSESSMENT Thailand January 2013 Acknowledgements This assessment of corporate governance in Thailand has been prepared by David Robinett, Ratchada Anantavrasilpa, and Catherine Hickey of the World Bank Global Capital Markets Practice, as part of the Reports on Observance of Standards and Codes Pro...