SET launches overhaul of systems as trades increase

The Stock Exchange of Thailand (SET) has unveiled a three-year strategic plan focused on improving its trade monitoring system and enhancing the competitiveness of the Thai capital market as it seeks to handle an expected increase in stock trading this year.

The three-year plan aims for growth in businesses, industries, the capital market, society and the country in terms of greater opportunities, said SET president Pakorn Peetathawatchai.

To be implemented between 2023-2025, the plan comes amid rapid changes in technology, consumer behaviour, volatility of capital flows, and an uncertain economic recovery given high inflation and geopolitical risks.

“The SET places importance on boosting the Thai capital market’s competitiveness and promoting sustainability in environmental, social and governance aspects, for the benefit of all parties,” Mr Pakorn recently told…