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For guidelines to push long-term stock mutual funds or LTF back again. The Ministry of Finance is currently considering this. on the capital market side Has prepared information and is waiting to discuss with the Minister of Finance.
Director and Controller of the Stock Exchange of Thailand or SET Phakorn Peetathawatchai set the guidelines for pushing back long-term mutual funds or LTF again. The Ministry of Finance is currently considering this. on the capital market side Stock Exchange The Federation of Capital Market Organizations of Thailand (FETCO) and the Association of Investment Management Companies (AIMC) have prepared information and are waiting to receive it for discussion with the Minister of Finance. We need to talk first The Finance Minister is seen to understand the capital market. It is believed that the capital market can be used to strengthen the country. Regarding the consideration period, if the government has a plan to implement. I’m sure it will come out quickly. Similar to the case of the Thai Mutual Fund for Sustainability (TESG) that came out last year. The Ministry of Finance and those involved can work very quickly.
Deputy Manager The Head of the Corporate Strategic Planning Department, SET, Sornphon Tulyasathien, said the Finance Minister’s idea to bring back LTF funds to stimulate Thailand’s capital market. It looks very good. Meanwhile, the role of institutional investors continues to diminish. Currently, the share of Thai stocks has decreased from 11% to only 8% And when there are LTF funds, approximately money will flow into the Thai stock market. 40,000-50,000 million baht per year, which helps make the market more stable.
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