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SET gears up roadshows to expand Thai investor base

THE Stock Exchange of Thailand kicked off its annual roadshows in various provinces by participating in the Money Expo in Chon Buri province this month. Its 2014 domestic roadshow plan aims to expand the investor base and match investment opportunities in six provinces with high growth potential that benefit in particular from the preparations for the Asean Economic Community (AEC) next year.

The SET aims to expand the retail investor base continuously and strategically. Although the Thai stock market has recently been adversely affected by both internal and external factors, it can still be turned into an opportunity for investors to prepare themselves by seeking sharper investment tips and competence, in order to invest wisely ahead of the market recovery.

Currently, there are 166,000 retail investor accounts in the provinces, equivalent to 17 per cent of total trading accounts. The nationwide roadshows will be held in Chiang Mai, Chiang Rai, Chon Buri, Nakhon Ratchasima, Songkhla and Udon Thani. These are key provinces in each of the country's six regions, with significant economic and investment growth, on top of their superb underlying infrastructure.

The potential savings and investment among affluent residents, entrepreneurs, traders and up-and-coming executives are high. These six provinces have benefited from urban expansion and show promising rises in savings, trading securities value, and increasing numbers of branches of securities firms and banks, all promoting growth of gross domestic product. The rising numbers of commercial projects, such as shopping malls, housing villages and condominiums, also point to an economic boom.

To make them more effective, this year's domestic roadshows will focus on the "all aspects of expansion" strategy, covering partnerships, content expansion and timing. Thus the SET, in a joint effort with the Thai Financial Planners Association, will enhance the financial-planning skills of all types of investors.

The roadshow in Chon Buri province, which has the highest securities-trading volume in the Eastern region, was successful. Next, the SET will participate in the Money Expo in Hat Yai from March 7-9, and will also hold its own event in Udon Thani on March 22 and 23 under the concept "Match Investment Opportunities to Become Wealthy". For more information, visit www.set.or.th.

Kesara Manchsree is executive vice president and head of the Markets Division, Stock Exchange of Thailand.


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