SET celebrates its 50th anniversary with the concept of inclusive growth and sustainability. Plans include becoming a regional exchange, enhancing fundraising opportunities, digitalizing the capital market, and promoting sustainability practices.
The Stock Exchange of Thailand (SET) will commemorate its 50th anniversary, under the concept “Make it ‘Work’ for Every Future”, moving towards inclusive growth and sustainability. SET has outlined comprehensive action plans aiming at enhancing its regional exchange status and broadening fundraising opportunities for businesses of all sizes, both domestically and internationally, which includes limited to large family businesses, foreign firms operating in Thailand, SMEs, and startups. The plan leverages on Thailand’s economic strengths, developing a digital-driving capital market on top of the traditional one, improving operational efficiency and oversight, and adopting advanced generative AI technology.
SET President Pakorn Peetathawatchai highlighted that since its inception in 1975, SET has been a cornerstone of Thailand’s financial infrastructure. As the exchange approaches its 50th year, it is committed to becoming a platform that supports all stakeholders. The “Make it ‘Work’ for Every Future” concept aims to create products and services that meet the needs of all investors, promoting long-term sustainable growth for businesses and driving the economy while ensuring environmental balance and societal sustainability.
Pakorn outlined five strategic goals for SET:
1. Strengthening SET as regional exchange, moving towards regional fundraising hub for both local and international companies, as well as becoming international investment hub for local people to access global investment opportunities.
2. Expanding fundraising opportunities: Catering to businesses of all sizes, including but not listed to large corporations, mega family business, foreign firms with business operations in Thailand, new economy industries, SMEs, and startups. Developing data platforms for listed companies has been enhanced to generate high-quality data pools for data analytics such as Industry Highlights for all stakeholders through SET’s and its partners’ channels.
3. Digital-driving capital market: Developing a digital-driving…
