institutions in the US revealed their losses from US subprime investments. Worries over recession of the real estate sector in the US stock market led to investors' portfolio adjustments and capital outflows. In
and direction so that the market can function with greater accuracy. It also enables business operators or investors in the existing market to adjust to the changing environment thus improving market
choose a default investment plan for members, for example, a life path-oriented plan that would adjust members? investment portfolios automatically and appropriately as they approach the retirement age
market place. In addition, it is an important mean whereby prices of the underlying products can adjust with greater efficiency and better direction so that the market can function with greater accuracy
monitor- ing of audit and accounting standards should be overseen by bodies independent of the profession. A strong disclosure system that promotes real transparency is a pivotal part of market-based
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...
the gap between household savings and investment in the real economy. As a consequence, good corporate governance will reassure shareholders and other stakeholders that their rights are protected and
to adjust downward. The Thai Bond Dealing Centre (ThaiBDC)’s Government Bond Clean Price Index closed the year end at 101.95 points, down 2.58 points or 2.46% from the year before (Figure 3). Figure 3
power to choose or remove the CEO, and may still put the interest of the controlling shareholder over other shareholders. Capital markets Thailand’s real GDP expanded by an average of 4 percent per year