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SET president prepares incentives to welcome at least 30 companies a year
MASAYUKI YUDA, Nikkei staff writer
July 5, 2021 06:02 JST | Thailand
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BANGKOK The Stock Exchange of Thailand is putting all its effort into developing new measures to lure listings from sexy foreign companies and small- and mid-sized enterprises, aiming to become the leader among Southeast Asian stock markets. We would like to have 30 to 50 IPOs at the SET each year, with them raising roughly 250 billion baht ($7.8 billion) per year, Pakorn Peetathawatchai, the president of the exchange, told Nikkei Asia in an online interview. We would like to see the same amount of secondary offerings as well, he added.
Dismantling the army might lead to a Libya or Iraq situation
Speaking at the event that was streamed online via Zoom on Wednesday, Mar. 10, the Senior Adviser to Singapore-based Kuok Group and Hong Kong-based Kerry Logistics Network, acknowledged that there is a lot of anger, fear and frustration among his friends from Myanmar.
However, he cautioned that the solution is not to say let s demob the army , despite the army being hated by many people.
He then raised the example of Libya and Iraq, where after Saddam Hussein s regime and military were dismantled, fragmented militia groups fought to fill the power vacuum left behind.
US stimulus hopes keep equities aloft
published : 13 Feb 2021 at 04:00
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Recap: Global stocks and emerging markets hovered near record highs as investors bet on more US pandemic relief spending, despite signs of fresh US-China tension, while European stocks fell with retail and energy shares posting losses.
The SET index moved in a range of 1,503.19 and 1,529.49 points before ending a holiday-shortened week at 1,508.35 on Thursday, up 0.8% from the previous week, in daily turnover averaging 92.12 billion baht.
Foreign investors were net buyers of 3.11 billion baht. Brokerage firms bought 2.82 billion, while retail investors purchased 1.42 billion baht. Institutional investors were net sellers of 7.35 billion baht worth of shares.