Annual Report 2017

41 ABMF” and the “Workshop on Bond Pricing and Evaluation in ASEAN+3” to discuss the development and promotion of fundraising and investment in the bond market. Together with the SEC, SET hosted “ARFP: The Opportunities for Cross-border Fund Initiatives” to prepare for the launch of cross-border mutual fund offerings by 2018 under the Asia Region Funds Passport (ARFP) project together with South Korea, Japan, New Zealand and Australia. SET, jointly with the SEC and the Thai Institute of Directors (Thai IOD), also held a seminar under the topic of “Driving toward the Sustainable Economic Growth” in Vientiane, Lao PDR. The seminar featured topics about forming trust funds for infrastructure projects, getting listed, and good corporate governance. SET has developed products to meet the needs of both Thai and foreign investors to invest in the countries with rapidly growing economies in Cambodia, Laos, Myanmar, and Vietnam (CLMV). SET has established the SET CLMV Exposure Index consisting of securities of Thai listed companies with sufficient liquidity and size, generating income from their business operations in CLMV to reflect the price movements of the stocks of listed companies that benefit from the economic growth in these countries, and to be a stepping stone for developing various financial products in the future. SET CLMV Exposure Index is expected to be launched in mid-2018. SET continued to cooperate and develop relationships with stock markets worldwide. SET signed a memorandum of understanding (MOU), with the Oslo Stock Exchange (OSE) Norway in 2017 to link capital market development, expand business opportunities, promote foreign securities listings, and develop products and services for the future benefit of both capital markets. In addition, SET also signed an MOU to renew its partnership with the Chittagong Stock Exchange (CSE) in Bangladesh. The Stock Exchange of Thailand has continuously enhanced the cooperation with ASEAN capital markets and Greater Mekong Subregion (GMS) capital markets in order to grow together and promote future growth. In 2017, SET attended the 26 th ASEAN Exchanges CEOs Meeting in Indonesia to share views and information on the major developments in ASEAN stock exchanges. In addition, SET hosted the GMS Focus event for the fifth time including themeeting under the topic “Infrastructure Trust/ Fund: The engine to drive economic growth,” providing a forum for executives to exchange expertise in establishing infrastructure funds in order to increase fundraising and investment opportunities/alternatives in the region. Moreover, the Capital Market Academy Leadership Program: The Capital Market Academy-Greater Mekong Subregion (CMA-GMS) course was also held in 2017 for the third consecutive year by focusing on providing information on GMS economic growth and investment opportunities, and on using capital markets to expand business for further economic and national development. In 2017, the CMA-GMSprogramwas attended by 60high-level executives from governments, central banks, regulatory agencies, as well as, financial market, capital market, the business sectors, and mass media from six countries: Thailand, Laos, Cambodia, Vietnam, Myanmar, and China. Throughout the year, SET has joined both local and international partners to exchange views on capital market development. SET collaborated with the Asian Development Bank (ADB), the Thai BondMarket Association (ThaiBMA), and the Securities and Exchange Commission (SEC) to host the “24 th ASEAN+3 Bond Market Forum: 3.3 Promoting quality research and enhancing the Thai capital market Quality research studies are significant in helping determine the direction of capital market development. SET’s Capital Market Research Institute (CMRI) is committed to promoting quality capital market research