Thailand’s Prime Minister and Finance Minister Srettha Thavisin has spoken about the news of small investors planning to stop trading on November 20 due to a crisis of confidence.
The situation, the Thailand prime minister says, is serious and warrants investigation. The government, he assures, is not taking negative measures against the Thailand Stock Exchange, but is trying to improve multiple aspects of it. The extent of these improvements, however, will depend on investor sentiment.
The 61 year old Thai PM revealed that he had sent Kittirat Na Ranong, an advisor to the prime minister, to discuss with the Securities and Exchange Commission (SEC) on November 13. He remains uncertain if this could have triggered the current situation.
Regarding the issue of short selling, which is believed to be politically influenced in the stock market, the…
