BANGKOK, 23 October 2014 – Foreign investors are still confident in the Thai economy in the long run, according to Stock Exchange of Thailand President Kesara Manchusree.
Ms. Kesara said on Wednesday that foreign investors will be returning to invest in Thailand, based on the feedbacks received during the Stock Exchange of Thailand’s (SET) recent roadshows abroad. Investors have expressed interest in the government’s long-term bond, which is proof that the investors have confidence in the Thai economy in the long run. Ms. Kesara said the investors demanded clarity on future infrastructure investments, and the government has asserted that these projects will definitely take shape even if the current administration’s term ends.
Ms. Kesara believes the effects of roadshows will manifest itself in the 6 months ahead. The SET also plans to hold two more roadshows at the end of the year.
The SET president also spoke of the problem of stocks manipulation, saying that the SET will confer with the Association of Thai Securities Companies to seek measures against price manipulation, as there continues to be stocks that are being traded at abnormally high prices.
