The Stock Exchange of Thailand hopes to more than double the size of the capital market within the next five years, aided by a new strategic development plan expected to be approvedby cabinet ministers next month. The plan calls for the capital market to expand to150% of gross domestic product within five years, up from 70%now. Growth for the equities market is projected at 15% to 20% per year over the next several years.
The Stock Exchange of Thailand to double market size
I have been living in Thailand for over 20 years and witnessed the many changes the country has undergone since the Asian Financial Crisis. I have spent time in Phuket, Samui, Hua Hin, and Chiang Mai, but I gravitate back to Bangkok when all is said and done. It is here that I spent years running a software development company and teaching at universities. These days I live on the Internet with Bangkok as my base. I never stopped believing in the enormous potential of Thailand's kingdom, which is why I joined the ThaiVest Team.
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