The Stock Exchange of Thailand (SET), in collaboration with The Thai Chamber of Commerce (TCC), The Federation of Thai Industries (FTI) and leading securities firms, will organize roadshows in 26 provinces all over Thailand, under the "New Frontier Roadshow" project, to provide intensive investment knowledge and consultation catering to investors' needs. The project will strengthen investment capabilities as such increasing quality investor base, through seminars and workshops, aiming for the number of new investors in provinces to increase by 40,000 in 2015, or up 20 percent from previous year.
SET President Kesara Manchusree said that the growing urbanization and economy of provinces in Thailand, especially along the borders resulted from the trading, investment and logistics connections have expanded business opportunities for entrepreneurs. In the past two years 20 percent of newly listed companies were in the provinces, with fundraising value of THB 14.38 billion (Approx.USD 435.76), while people in provinces have given more importance to economic issues, investment and personal financial management. More than 200,000 from 1,134,500, or 18 percent (as of February, 2015) were investors in provinces. It was significant that in the past five years, the number of provincial investors has been rising substantially with an average of 16 percent growth, compared to less than 10 percent previously.
Yarnsak Manomaipiboon, Secretary General of Association of Thai Securities Companies (ASCO) said the securities companies have expanded services to provinces with assistance on investment knowledge and securities investment consultantancy from ASCO to serve the growing needs. The "New Frontier Roadshow" project would further enhance investment knowledge among investors in provinces by providing information and services from professionals and securities investment consultants to enhance investment skills and understanding of modern investment technology and tools.
TCC Vice Chairman Somkiat Anurat said the growing economy would provide opportunities for local trading. The connection and collaboration among government and private sectors to provide knowledge to people and businesses in provinces would enhance their potential and strengthen Thailand’ s competitive capabilities. In addition, the financial management expertise would benefit trading and business operations. In this project, TCC would jointly provide practical know-how and connect investment information via our online network.
FTI Chairman Thanarak Pongpetra said that the provinces of Thailand contributed about THB 7 trillion of Thailand’s GDP, and likely to be on the rise. This project would provide} opportunities for entrepreneurs to prepare themselves for business expansion. FTI has been in collaboration with SET in many aspects, especially in building strength and synergy among entrepreneurs. The "New Frontier Roadshow" would focus on strengthening capabilities of people in provinces. The project would enhance business sector’s capabilities in order to become industry leaders in ASEAN.
For more information about "SET New Frontier Roadshow", please visit www.set.or.th