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
losses arise. 3. Future opportunities and challenges The capital market is affected by the country’s and global social, political and economic circumstances. The following factors may impact the role of
Bank Global Capital Markets Practice, as part of the Reports on Observance of Standards and Codes Program. The report is based in part on a template/questionnaire completed by the law firm Weerawong
global investors to reallocate assets away from emerging markets. In Thailand, foreign investors adjusted their portfolios downwards with total net selling of 35 billion baht over the first three quarters
achieved continual growth despite the emergence and persistence of multiple risk factors such as higher oil prices, global economic slowdown especially in trade alliance countries, exchange rate volatility
accessibility of foreign investors into the Thai market via the Non-Voting Depositary Receipt (NVDR). Variety and quality of capital market instruments were also improved through the government privatization
in the Principles but are treated more explicitly in a number of other instruments including the OECD Guidelines for Multinational Enterprises, the Convention on Combating Bribery of Foreign Public
Asia global relevance. 4 REFORM PRIORITIES IN ASIA: TAKING CORPORATE GOVERNANCE TO A HIGHER LEVEL © OECD 2011 Acknowledgements Special thanks go to the Asian Roundtable participants who have been
decision on appropriate forms of alliance with foreign counterparts to support future trading linkage;2. Supervision of Securities Business: Licensing provisions would be amended to grant the Securities and
. While net selling volume of foreign investors was recorded at 24,609 million baht, net buying volume in 2003 of domestic institutional investors and retail investors were 19,573 million baht and 5,036