BANGKOK: Investor confidence in Thai financial markets for the three months ahead has risen slightly on optimism over the country’s COVID-19 vaccination programme, a capital market association said on Monday.
The tourism-reliant country started its long-awaited mass vaccination drive on Monday and is preparing a phased reopening to vaccinated foreign visitors later this year, dependent on its progress with inoculations
A May survey by the Thai Capital Market Organizations (FETCO) showed its investor confidence index rose to 126.4 following a drop to 124.37 in April, when the latest, more severe outbreak emerged.
“The vaccination programme to help ease the COVID-19 situation is the most supportive factor, followed by an expected economic recovery and fund inflows,” federation chairman Paiboon Nalinthrangkurn told a briefing.
Thailand’s…
