The Bank of Agriculture and Agricultural Cooperatives has declared that it will keep loan interest rates the same for another six months to help farmers while the prime minister will, on August 16, preside over the launch of the Debt Alleviation Card program designed to help debtors out of their financial binds. Prime Minister Abhisit Vejjajiva will this Monday open the Debt Alleviation Card: Disciplined Spending project created under the administrations commitment to remedy the plight of debtors.
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Public Debt Rescue Project to be Launched Aug 16
The output of other sectors was also affected during the recent crisis, although less markedly because they had been growing slower than the sectors linked to external demand.
While the Thai government is aware of the need for these reforms, political uncertainties have made it more challenging to pursue them
In Vietnam, households use to held their savings in cash or real estate. With the opening of the stock market, you have seen a tremendous shift of funds into the capital market.
But for the smaller companies, you see much greater volatility in returns,’’ he said, adding that smaller firms on the SET with market cap below $200 million offer 40% to 60% lower long-term TSRs compared with their larger brethren.
Introduction The modern Thai Capital Market traces its origins back to the early 1960s. In 1961 Thailand implemented its first five-year National Economic and Social Development Plan to support the promotion of economic growth and stability as well as to develop the Kingdom’s standard of living. Following upon this, the Second National Economic and Social Development Plan (1967-1971) then proposed for the first time that an orderly securities market be established in order to mobilize additional capital for national economic development.
The creation of Thailand’s first officially sanctioned and regulated securities market was initially proposed as part of the Second National Economic and Social Development Plan (1967-1971). In outlining its proposal for the creation of a supervised securities market, the Second National Development Plan stressed that the market’s most important role would be to mobilize funds to support Thailand’s industrialization and economic development.
