Thailand Focus 2015 reaffirms the country’s strength to boost investment sentiment

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          The Stock Exchange of Thailand (SET), together with Phatra Securities pcl and Bank of America Merrill Lynch, will hold "Thailand Focus 2015" during December 2-4 at the Grand Hyatt Erawan Hotel, Bangkok, under the theme "Opportunity Growth and Reform," enabling foreign funds to get insights from top executives in the public and private sectors, and meet directly with 120 listed companied with a combined market capitalization of THB 8.9 trillion (approx. USD 247.2 billion), or 66 percent of total market (as of November 13, 2015), in order to boost their confidences and attract investment into Thailand's promising economy.
          SET President Kesara Manchusree said that Thailand Focus, the largest foreign investment seminar in Thailand, held for the ninth year, would showcase the Thai capital market's growth potential and strong fundamentals of small, medium, and large-sized Thai listed companies to global institutional investors." and
          "Despite effects from internal and external economic sluggish factors, the fundamentals of listed firms remainstrong with international business expansion, especially to countries in the ASEAN, coupled by more promisingThailand's economic stimulus package implemented by the government's new economic team. In addition, the timing of this year's event is ideal as fund managers usually prepare or adjust their investment plan for next year around this time. The event would be presided over by Finance Minister Apisak Tantivorawong to deliver speech on the government's reform policies, while Bank of Thailand Governor Veerathai Santiprabhob would be a keynote speaker on the country's monetary policy to restore global institutional investors' confidence. Thus, this year's event could certainly draw a great deal of interest from fund managers," added Kesara.
          Krittiya Veeraburus, president of Phatra Securities (member of Kiatnakin Phatra Financial Group) stated, "Phatra is once again honoured to co-host this commendable 'Thailand Focus' event for the fifth consecutive year. It will assert the attractiveness of Thai capital market to foreign investors. Despite the global economic slowdown, for Thailand, there are two megatrends that remains most salient and benefit to the country. First is the global Digital Revolution, which can be seen in rapid expansion of investment in telecommunication and media business sectors. This provides greater opportunities for Thai small and medium companies in accessing their consumers, leading to constant growth in consumption."
          "Second aspect is the Regional Integration in Greater Mekong Subregion which altogether consists of approximately 400 million in population with closed inter-connectivity between neighboring countries. With strategic location, Thailand will be benefited from numerous investments in transportation, telecommunication, infrastructures, tourism and labor mobility, projected to have relevance for the next 20–30 years. From the factors mentioned, Thailand shall long be an attractive investment destination for all investors," added Krittiya.
          Ornkanya Pibuldham, Bank of America Merrill Lynch's Managing Director and Country Head of Thailand said, "We believe the Thai story stands intact despite slowing domestic growth and headwinds in some of its key export markets. Longer term fundamentals remain robust and even now there are pockets of opportunity for discerning investors," and Ornkanya added, "Against this backdrop, we at Bank of America Merrill Lynch are confident in the opportunities arising out of accelerating regional integration, favorable demographics and Thailand's business-friendly environment."
          "Thailand Focus continues to bring together the country's leading corporations and strong representation from the Government. It is the premier event for regional and international investors serious about investing in the country," Ornkanya added.
          For more information about Thailand Focus 2015, please contact www.set.or.th .
 
 

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