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Monday, April 29, 2024

Analysts see potential in Thai capital market as Asean hub

A man monitors stock prices at a brokerage house in Bangkok. PORNPROM SATRABHAYA

The Thai capital market has good potential to develop and remain a regional leader amidst global challenges and rapid changes in financial markets, say analysts.

Kobsak Pootrakool, chairman of the Federation of Thai Capital Market Organizations (Fetco), said the global economy and capital markets are still in the transition from crisis to recovery.

“I believe over the next five years, the investment landscape will change a lot both in terms of foreign direct investment and investment in secondary markets such as the stock and bond markets, with more foreigners coming in and moving head offices to Bangkok,” said Mr Kobsak.

“Thailand’s infrastructure…

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