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SET has played
a pivotal role in developing
the Thai economy in the past 40 years since
its inception in 1975. The bourse provides the
fund-mobilizing mechanism and channels for
businesses to access alternative sources of capital,
whilst providing savings and investment alternatives.
The Thai bourse also serves as a knowledge center on
finance and investment for investors, the younger
generation and the general public.
The Thai capital market has continuously expanded.
As of the end of 2014, the market capitalization
totaled over THB 14.2 trillion, or 120 % of the
country’s GDP, an increase by 41 % from the end
of 2010. The growth reflects the exchange’s
strength and steady expansion rate both in
terms of operating result and financial liquidity.
When listed companies enjoy long-term expansion,
they can stimulate the employment rate. To-date,
listed companies have created jobs for more than
one million people. In addition, SET has seen an
increasing number of investors of approximately
a million accounts. They have realized the benefits
from financial planning and capital market
investment, and this reflects economic stability
in the long run.
SET is also aware of the situation where business
operators worldwide are pressured by fierce
competition and economic volatility. In the changing
world today if businesses focus on only financial
benefit, they will be likely to face economic, social
and environmental risks. These changes have
great impact on business longevity and the capital
markets worldwide.
Therefore, SET is determined to develop its
operation by taking into account corporate
governance as well as social and environmental
impacts, in parallel with economic development.
This is to make the Thai bourse the center for
securities trading with quality, liquidity, transparency
and fairness for all, making it capable of coping
with changes and risks in all circumstances. Such
development requires cooperation from every
stakeholder group of to jointly drive the capital
market and the Thai economy to prosperity with
strength and sustainability. This synergy will
contribute to higher quality of life and well-being
of the Thai people in the future.
SET and Sustainable Development