S'pore, HK eyed for Thailand's road shows
Federation of Thai Capital Market Organisation (FETCO) is persuading the Finance Ministry to host road shows to restore foreign investor confidence.
Chairman Paiboon Nalinthrangkurn said after the discussion today with the Fiscal Policy Office that the road shows could be first staged in Singapore and Hong Kong. Upon success, more could be planned for the US and Europe.
He suggested government agencies like the Transport Ministry and the Office of Transport and Traffic Policy and Planning join the road shows. The federation will also convince the Board of Investment as well as big businesses to join the events.
"We’re about to coordinate with NCPO (National Council for Peace and Order), to have ACM Prajin (Juntong) join this trip. His participation would boost confidence," Paiboon said.
Prajin is the junta’s No.2, in charge of economic affairs.
Foreign stock investors were net sellers of Thai shares. The net sell of Bt202 million boosted the mont-to-date sell figure to Bt3.7 billion. So far, this year, foreign net sells reached Bt44.4 billion.