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Thailand's Stock Exchange. Pic: AP.

Rethinking the Demutualisation of Thailand’s Stock Exchange

By Sun, Dec 19, 2010 10:45PM UTC View Comments Thailand's Stock Exchange. Pic: AP.

By Narun Popattanachai Former Stock Exchange of Thailand (SET) president Patareeya  Benjapholchai emphasized in her final remark before stepping down in June 2010 that demutualization of the bourse must remain high on her predecessor’s agenda in order to reinforce the SET with a competitive edge it badly needs. Apart from the fact that the demutualising process...

Stock market exuberance and currency appreciation: signals of recovery?

By Fri, Sep 24, 2010 5:02PM UTC View Comments

By Narun Popattanachai Forget red shirts and yellow hairbands, the ubiquitous presence of green digits on the board has recently put smiles back on many Thai stockbrokers’ faces. The Stock Exchange of Thailand (SET) index is at the level unseen since the 1997 Asian financial crisis (see the Economist). The IMF predicts a full year growth...

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