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Screenshot of a breaking news alert e-mail from Q2 2017
The Stock Exchange of Thailand (SET), together with Phatra Securities pcl and Bank of America Merrill Lynch, will hold Thailand Focus 2016 during August 31- September 2, 2016 at the Grand Hyatt Erawan Hotel, Bangkok, under the theme “A New Growth Strategy,” enabling foreign funds to meet directly with almost 140 listed firms, aiming to attract investment into Thailand’s promising economy.
The event will be presided over by Minister of Finance Apisak Tantivorawong for the opening ceremony and the keynote speech, unveiling government strategy to drive Thailand’s sustainable economic growth.
SET President Kesara Manchusree said that Thailand Focus, the largest and most well-known institutional investor conference in Thailand, held for the tenth time this year, would gather Thai listed firms’ executives to present updated information and keep the global institutional investors well-informed of the business environment and scenario.
This year, foreign funds, will meet directly with almost 140 listed companies on SET and mai from large, mid to small-sized companies in all industries with a combined market capitalization of THB 11.75 trillion (approx. USD 335.7 billion), or 77 percent of total market, as of August 22, 2016.
Thailand Focus has been receiving tremendous attention from listed firms and investors. Past statistics showed that the two-thirds of listed firms who frequently participated in the event have had higher foreign trading values. Thailand Focus aims to showcase to global investors the Thai capital market’s growth potential and strong fundamentals of Thai listed companies’ various businesses as well as our sector diversification such as healthcare, alternative energy and logistics..In addition, the event can also enhance investor relations’ function, which will continuously help promote the company’s values in the long run,” added Kesara.
Patchanee Limapichat, Managing Director of Phatra Securities (member of Kiatnakin Phatra Financial Group) stated:
We are very honored to jointly host Thailand Focus once again this year. The significant number of participating fund managers from foreign and domestic funds in this flagship conference is a key testament of the rising interest and confidence towards Thailand capital market as a result of sound economic outlook and large current account surplus. Together with low interest rate environment, we believe these factors should continue to drive stellar economic growth. In addition, after the referendum approval of new constitution, we see stronger fund inflows into Thailand capital market. Investors are finding Thailand attractive among EM markets and thus paying close attention to the country’s economic outlook, integration with regional peers, as well as the government’s investment plan and long-term strategic policy.”
Ornkanya Pibuldham, Bank of America Merrill Lynch, Managing Director and Chief Country Officer of Thailand, added:
We believe that Thailand continues to offer international investors a haven from global volatility, and the government’s reform policies and new initiatives are driving real and sustainable growth. A robust banking sector, growing domestic demand and a skilled labor pool add to the compelling fundamental story.”