Stock Exchange of Thailand Highlights Government Formation, Aims to Boost Investor Confidence

Asadet Khongsiri, Managing Director of the Stock Exchange of Thailand (SET), revealed insights from discussions with foreign investors, emphasizing that while past government policies have been fundamentally sound, the critical issue is concrete implementation at the right time. Business sectors and investors desire government stability to ensure policy continuity and sustainable economic driving, not just short-term stimulus measures. 'If the economy has a positive direction and can compete with neighboring countries, the capital market will automatically respond, because Thai business fundamentals are already strong,' Asadet explained. He noted that when private sectors gain confidence, they will invest, leading to business growth and increased profits. Highlighting the attractiveness of the Thai stock market, Asadet pointed out that large listed companies with high dividend rates are a significant motivation, especially during sideways market conditions. However, he stressed that long-term investors ultimately want to see business profit growth as a reflection of economic strength.