report fromBangkok Business states that the Stock Exchange of Thailand (SET) has laid out a three-year strategic framework (2022-2024) under the concept “Linking the capital market aiming to create new opportunities” Moving forward to build the current capital market together with the future world Connecting the investment dimension and the sustainability dimension of business and society to grow together
by preparing to open “Thai Digital Assets Exchange: TDX) that meet the needs of the new generation and “LiVE Exchange” For SMEs and startups, access to funding and opportunities for experienced investors to co-own ready to continue to develop the central infrastructure Create an ecosystem that is conducive to doing business. Effectively respond to the new way of entrepreneurs in the capital market
At the same time, it aims to be a source of funding for the business sector in response to the changing economic situation and expanding to new economic industries. Increase investment opportunities with products that link global capital markets so that Thai investors can invest abroad more easily with lower costs.
Social: The Stock Exchange of Thailand Aiming to promote financial skills of Thai people Enhancing financial quality of life with a new way of life Driving sustainability through professional development ESG (Environment, Society and Governance) Join to expand knowledge to more society. ready to support the participation of the business sector in caring for the environment
Mr. Pakorn Pitathawatchai Director and Manager Stock Exchange of Thailand revealed that with various challenging situations that arise while the digital world is constantly changing SET Group adhere to the vision “To Make the Capital Market ‘Work’ for Everyone” Aim to develop the capital market to benefit all sectors Ready to adapt and develop continuously
The strategic plan for the next three years (2022-2024) will expand to connect investments in the present world together with the future world. to be a source of national investment Ready to promote financial skills of Thai people for a better financial quality of life under a new way of life.
It also supports the participation of the business sector in taking care of society and the environment seriously. To drive the sustainability of the country through three strategies: 1) connecting opportunities from all sectors, 2) developing innovative infrastructure that everyone can trust, and 3) promoting financial sustainability for Thai people.
1) Connect opportunities from all sectors By promoting fundraising through initial public offering (IPO) of companies with high potential and growth. and registration of foreign companies Aims to develop funding sources for social enterprises, SMEs and startups.
by extending from LiVE Platform to LiVE Exchange It is expected to open for trading in the first quarter of 2022 and enhance the quality of listed companies by cultivating them to become ESG Investment Stars, encouraging small and medium-sized companies to adopt ESG concepts in their business operations. to increase the number of companies in the global sustainability index Promote the development of personnel in the capital market Increase access to easier investments with an efficient account opening process.
as well as encouraging individual investors to use technology to assist in trading Meet the needs of the new generation of investors with products that require a low minimum investment. as well as connecting investment opportunities abroad, such as ETF DR DW and Fractional Product, which are expected to open for trading in the beginning of the 3rd quarter of this year.
2) Develop innovative infrastructure that everyone can trust By expanding digital infrastructure that is more reliable and efficient to align with new lifestyles. Enhance the management of professionals in the capital market through a digital format and develop the ESG Data Platform to provide investors with information for sustainable investment in stocks.
Including preparing to develop a new platform to connect trading from current assets todigital assets It is expected to openThai Digital Asset Exchange (TDX) Within the second quarter of 2022
3) Promote financial sustainability for Thai people Through the promotion and education of ESG, by increasing the number of ESG professionals through partnerships with educational institutions. including various organizations To disseminate ESG standardized courses, promote financial skills as part of Thai life skills for better living under a new way of life.
For example, the Happy Money project increases the number of partners in driving the environment and climate through the Climate Care Platforms program, as well as increasing the capacity of social enterprises. and supporting cybersecurity governance of the Thai capital market
“To enable the future development of the stock market to be flexible Support competition in the digital investment world
SET has expanded its digital infrastructure to streamline operations. and provide opportunities to fully collaborate with partners Believe that it will be able to create the current investment world together with the future world seamlessly. Responding to both issuers, investors and stakeholders in all sectors Ready to continue to take care of Thai people through changes and grow together.”
Summary of important developments and achievements in 2021
Growing the capital market
- Total market capitalization of IPO securities at 454 hundred billion baht, the 7th highest in Asia and 18th in the world.
- The highest liquidity in ASEAN since 2012, with the current average daily turnover of 93.9 billion baht.
- The number of stock accounts increased by 1.6 million, or 40% from the end of the previous year. Currently, there are over 5 million stock trading accounts.
- There are IPO criteria for New Economy, responding to government funding in industries that are in line with economic trends and government policies.
- Received the “Best Stock Exchange Southeast Asia 2021” award from Global Banking and Finance Review and “ESQR’s Quality Achievements Award 2021” from the European Society for Quality Research (ESQR), reflecting It is recognized internationally as the leading stock exchange in Asia.
Promote flexibility for the business sector
- Developing a trading system for LiVE Exchange, increasing opportunities to access capital for SMEs and startups
- Connect products and services in global markets such as DR Linkage Thailand-Singapore, DW on DJSI, NASDAQ-100 Index and Hang Seng Tech Index, and reference stocks in the Hong Kong market.
- Develop Streaming Fund+ service, trade mutual funds and create investment plans.
- FundConnext has more than 33,000 mutual fund transactions per day, a 1.6-fold increase from 2020.
- Developing Digital Access Platform (DAP) services to be the “NDID Proxy” of the capital market and continuing to link databases with official agencies
Support sustainability for stakeholders
- 24 Thai listed companies have been selected as members of the Dow Jones Sustainability Indices (DJSI) in ASEAN for the 8th and 11th years. Thai companies are ranked in the world’s highest S&P Global Gold class.
- Expanding entrepreneurship course development partners such as NIA Panyapiwat and Expara Thailand
- Create financial learning for Thai people through the Happy Money, AOM YOUNG and INVESTORY Mobile Exhibition on Schools projects.
- Moving forward to reduce global warming Climate Care Platforms with more than 300 participating companies and reducing building’s greenhouse gas emissions to zero (carbon neutral)
- Issue measures to reduce the impact of COVID-19 to stakeholders