Thai capital market should cater to Cambodia, Laos, Myanmar
Thailand’s capital market should aim to be a funding base for Cambodia, Laos and Myanmar to gain the full benefit from high growth in the Greater Mekong Subregion and a more integrated region through the Asean Economic Community (AEC), panellists at a Euromoney Conferences forum sponsored by Bangkok Bank and Siam Commercial Bank said. Pakorn Peetathawatchai, executive vice president and head of corporate strategy and finance at the Stock Exchange of Thailand, said growth in the global capital market was more apparent in Asia currently, including the Asean region. Alex Poh, director of the Singapore Exchange, said the amount of foreign direct investment in Asean was comparable to China’s and with the development of the AEC, more consumers and investors would look at the region’s financial products, since investors would look at Asean as a collective capital market. …
The Cambodia Herald News Staff
http://thecambodiaherald.com/cambodia/detail/1?page=13&token=MTc2MDk3YzQ2ZTI
