Bangkok: The Stock Exchange of Thailand (SET) foresees the new government maintaining its support for the economy and capital markets with ongoing policies, thereby reinforcing long-term confidence. Assadej Kongsiri, the Director and President of SET, expressed optimism about the new government led by the Bhumjaithai Party.
According to Thai News Agency, Assadej is confident that the government's initiatives will stimulate the economy, enhance purchasing power, and boost corporate performance. The administration is expected to accelerate the JUMP+ program, advance the TISA scheme, and reform laws to bolster long-term confidence in the capital market.
Mr. Kongsiri highlighted that the government is anticipated to balance short-term and long-term issues, ensuring continuity from the previous administration. The policies will focus on stimulating domestic economic growth, reducing living costs, and supporting purchasing power, positively impacting listed companies across various sectors. Additionally, the government plans to promote capital market development through initiatives like the Joint Management Plus project, personal savings accounts (TISA), and modernizing Thai capital market laws. These efforts aim to enhance confidence and support the sustainable growth of the Thai capital market.