SET reveals plans for 2013-2015 to promote Thailand’s capital market attract new industries Ready to connect the current investment ecosystem with the future in a complete way
SETTING Unveil a 3 year strategic plan (2023-2025) to grow together in business, industry, capital market, society and country to create more opportunities for everyone (Growth for Business, Industry, Society) by focusing on developing central infrastructure . Connecting the current capital market investment ecosystem with future investment Making the capital market easy for entrepreneurs and investors
Meeting different needs Covering being a source of finance for businesses of all sizes and actively attracting new industries (new economy) as well as supporting fundraising by issuing digital tokens. and launching products that require a small amount of investment to study the feasibility of launching environmental investment products (related to the environment) along with promoting the development of Thai people’s financial literacy
It also strives to continuously drive sustainability internally and externally through partnerships. for the capital market and the Thai economy to grow in a balanced and sustainable manner
Mr. Pakorn Peetathawatchai Director and Manager The Stock Exchange of Thailand revealed that amid rapid changes in consumer behavior technology Volatility of capital flows and the uncertainty of the global economic recovery from high inflation. including geopolitical risks, namely the SET in the next 3 years (2023-2025). It will aim to increase the competitiveness of the Thai capital market together with development for sustainability in terms of the environment, society and good governance. for the capital market to benefit all sectors According to the SET’s vision “To Make the Capital Market Work for Everyone” through 4 strategies as follows:
Part 1: Making capital markets simple (Making fundraising and investing simple)
– increasing fundraising opportunities Its aim is to encourage businesses of all sizes, small, medium and large, to take advantage of the capital market more easily and more often. Especially supporting new industries from the process of providing information and preparing for potential businesses. And it will focus on developing SMEs and start-ups to build on LiVE Academy and LIVE Platform to be ready to have easier access to funding sources.
Additionally, the Thai Digital Asset Exchange (TDX) will be developed as a trading platform for investment tokens and utility token digital tokens in Q3/2023.
– increasing investment opportunities Its aim is to diversify with low investment products for small investors. Including studying the launch of environmentally friendly investment products. (related to the environment) and extending trading hours to increase investment convenience Simplifying the process of opening an investment account to create opportunities for easier and more convenient access to capital markets. Along with the development of the Settrade platform to become “Gap Super Market Capital” to efficiently connect investment opportunities in a variety of assets.
Area 2: Raising industry standards (Moving industry and ecosystem with the standard)
Develop a new trading system within Q1/2023 to increase the efficiency of the investment ecosystem. And support the development of new investment products and improve cyber security in collaboration with industry operators. Including updating relevant trading rules to be up to date and in line with changing market conditions and new trading systems
Part 3: Matching partners for synergy
Develop data dissemination through SMART Marketplace, adding data and analytical functions to meet usage needs. and extend thematic and issue-based research so that it can be applied in more practical ways to develop capital markets At the same time, environmental, social and governance data will be collected. (Environmental, Social and Governance: ESG) of listed companies on the ESG Data Platform, starting from the second quarter of 2023. In addition, ESG Ratings will be developed to support the launch of ESG-related products.
Aspect 4: Adhere to sustainability as the core of our work (Unifying ESG with substance)
INSTALLATION The ESG dimensions have been used to drive operations in internal and external processes. and outside the organization by working with partners lead to sustainable growth
– E or Environmental Aspect Development of ESG personnel in capital markets and educational institutions It also promotes ESG champions in environmental stewardship through the ESG Academy and develops the Climate Care Platform to cover environmental management functions and partner relations. It also aims to achieve net zero greenhouse gas emissions, or Net Zero, as well as developing an infrastructure that will reduce greenhouse gas emissions by using the Cloud and increasing the energy efficiency of the Data Center (Green Data Centre).
– S aspect or Social, promoting financial literacy for retired people and low income groups Organizing a financial literacy assessment of Thai people to develop content and channels that meet the needs. As well as increasing the potential of entrepreneurs by focusing on family businesses through the Live Platform and the social enterprise (SE) development process, as well as working with universities and vocational education to create a new generation of entrepreneurs to prepare and develop skills for SET personnel Continue to support the drive of the capital market into the future – the G or Governance aspect, speed up the work of improving regulatory rules to be appropriate and in line with the current situation.
Develop effective regulatory tools to support new products, and collaborate with the government and regulatory agencies. In addition, it will expand collaboration networks with other organizations to drive the development of joint capital markets in the long term.
In terms of internal processes Take steps to prepare to raise the level of enterprise risk management. Willing to use technology and analytical data to continuously improve work processes.
SET Aim to implement strategy 4
Such aspects will contribute to creating more opportunities for various stakeholders, whether it is expanding funding and investment opportunities for entrepreneurs and investors. Upgrading infrastructure to support the growth of the capital market industry and take care of society along with the environment for balanced growth. and sustainable at the same time, including business, the capital market, the economy, society, the environment and the nation.
A summary of important developments in accordance with the 2022 work plan
On connecting opportunities from all sectors
– The IPO shares have an offer value of 127,836 million baht, the highest in ASEAN and the 4th in Asia, with 9 companies listed in the New Economy industries, helping to create diversity and interest in the capital market.
– SETTING It has the highest liquidity in ASEAN since 2012. In 2022, the average stock trading value was 76,773 million baht per day.
– TFEX has an average trading volume of 565,627 contracts per day (2nd in ASEAN, unofficial data from
month (Nov. 2022)
– Launch of 2 DRx products, namely AAPL80X based on Apple Inc. guarantees. and TSLA80X based on Tesla Inc. listed on Nasdaq, USA.
Expand investment opportunities that require small investment for small investors and also increase the opportunity to
to diversify investment abroad
– The first 3 securities to be listed on LiVE Exchange (LiVEx) are Advanced Web Services Public Company Limited (AWS22).
Sitron Power Public Company Limited (SITRON22) and Storage Asia Public Company Limited (ISTORE22)
– Prepare guidelines for improving processes and operating mechanisms related to securities trading. both considering the customer Developing a customer information center Including receiving guarantees trading rules checking information increasing the efficiency of operational mechanisms for all related parties
in developing innovative infrastructure that everyone trusts
– TDX has obtained a business license and has a system ready to serve Currently, there are 3 partnerships with ICO Portal operators.
– FundConnext has 31,400 mutual fund transactions per day and 11 more users (78 sales agents and asset management companies, representing 73% of the mutual fund industry).
– FinNet covers approximately 25% of the entire industry’s stock market holdings. And currently, Interbank, Intrabank, QR Code, Direct Debit Registration (DDR) services have been added to other transactions in the capital market to pay for fund transactions. futures contracts, etc. continuously.
– Develop an e-meeting, an end-to-end system for holding shareholder meetings to cater for the new way of life (New Normal) by providing services to 80 listed companies in 2022.
– SMART Marketplace adds ESG data and company data by providing data via API to users of more than 50 companies and continues to expand the service.
– Launch of ESG Data Platform, an ESG database that connects the sustainability of listed companies with investors and society.
Promoting Sustainability
– Create financial learning for Thai people Through the media in the Happy Money campaign, know how to fight against debt, with a total of 4.5 million viewers and 180,632 entrepreneurs participating in the LIVE Platform.
– Strengthening social enterprises with 62 business co-creations between listed companies and SEs.
– 26 listed companies in the DJSI index, the most in ASEAN for the 9th year by S&P Global.
– More than 400 Thai listed companies join forces to reduce global warming through Climate Care Cooperation. and presented the Bear Care project to international audiences at the APEC 2022 conference hosted by Thailand Including the SET building Achieving Carbon Neutral Goals
