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Sunday, May 5, 2024

Promising future for Thai SET in healthcare, tourism, food sectors

Despite the slow recovery of the Stock Exchange of Thailand (SET) from last year’s significant slump, executives see a promising future in healthcare, tourism, and food stocks. They believe these sectors can offer attractive opportunities for investors and encourage more companies to enlist on the bourse.

Manpong Senanarong, SET Senior Executive Vice-President and head of the Issuer and Listing Division, stated that Thailand’s competitive advantage lies in these sectors. The country’s healthcare industry, for instance, is robust, with significant hospital players that can branch out into related businesses like wellness and medical equipment, along with additional value-added services. This growth is backed by Thailand’s transition into an ageing society.

Similarly, the tourism and food industries have shown substantial growth. The country’s rich biodiversity gives the…

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