BANGKOK — The Stock Exchange of Thailand has outlined new rules and procedures to monitor listed companies and prevent fraud in an effort to shake off investor mistrust that led to Thailand’s finish as Asia’s worst-performing market in 2023.
The SET index dropped 15.2% last year amid halting recoveries for manufacturing and tourism plus decade-high interest rates. Political uncertainty, a delayed government budget, corporate scandals and defaults also weighed down investor sentiment, with SET President Pakorn Peetathawatchai calling it a “perfect storm.”
