The Capital Market Research Institute (CMRI), under The Stock Exchange of Thailand (SET), joined hands with Thai Listed Companies Association (TLCA) to launch quarterly CEO Survey results regarding the economic outlook of Thai listed companies’ CEOs. The survey is part of CMRI’s efforts to enhance quality research on the capital market by developing new indicators and databases, both qualitative and quantitative, to reflect market participants’ views.
SET Executive Vice President Pakorn Peetathawatchai said CMRI cooperated with TLCA in conducting the CEO Survey to gauge the Thai economic and investment outlook through the perspectives of Thai listed companies’ CEOs--key stakeholders in the capital market. The survey results will be distributed to the general public during a quarterly CEO Survey Economic Outlook event.
“This quarter’s survey reflects sound economic recovery going forward due to political stability. Sixty-six percent of the CEO respondents expected the Thai economy to grow by more than 1.5 percent in 2014, while 88 percent of them aimed to invest more in the next 12 months, through more bank loans and retained profits. Regarding the country’s reform, two-thirds of the participants placed importance on cracking down on fraud and corruption, reforming political system and bureaucracy, as well as implementing government spending” Pakorn said.
In addition, CMRI, by partnering with researchers and experts, is in the process of developing new indicators of the capital market that can help support informed investment decisions. In addition, policy makers can also use the indicators for decision-making. The indicators are expected to be completed and released to the public in 2015.
CMRI is committed to supporting quality research on Thai capital market including by fostering cooperation between educational institutions and experts on Thai capital markets. The institute also provides platforms for distribution research to the public. For example, the monthly Capital Market Research Forum features talks by researchers and experts and is open to investors, listed companies, and the general public.