Bangkok: The Securities and Exchange Commission (SEC), the Stock Exchange of Thailand (SET), and the OECD have collaborated to organize the OECD-Asia Roundtable on Corporate Governance 2025, aiming to enhance corporate governance within the Thai capital market.
According to Thai News Agency, the roundtable is a regional platform that facilitates policy exchange on corporate governance, capital access, and business sustainability among Asian and OECD countries. The event attracted over 150 participants from 23 countries, including senior executives and representatives from both the public and private sectors, who gathered to exchange experiences and best practices.
The meeting also marked the launch of the OECD Capital Market Review of Thailand 2025, which offers policy recommendations to strengthen the Thai capital market. Key recommendations include enhancing corporate governance and transparency, boosting stock market access and liquidity, and encouraging long-term sustainable financing. Additionally, the review emphasizes mobilizing private capital markets, deepening the investor base, and strengthening household savings.
The SEC has consistently prioritized high standards in assessments, viewing the review as both an evaluative and learning opportunity. The initiative aims to align the Thai capital market with international standards and bolster its competitiveness, supporting long-term economic growth.
Professor Wisit Wisitsora-at, Chairman of the SEC, highlighted the importance of collaboration in policy-making, emphasizing that the OECD's input and stakeholder engagement ensured the report reflected real-world needs. This collaboration has resulted in actionable recommendations that promise predictable outcomes for the future.
Ms. Pornanong Busaratrakul, Secretary-General of the SEC, asserted that the study's findings align with ongoing SEC efforts to make the capital markets more agile and accessible. The SEC is committed to using these insights to enact concrete reforms for a sustainable and competitive capital market.
Mr. Asadej Kongsiri, President of the SET, underscored the need for collaborative development to drive growth and governance enhancements in the Thai capital market. He stressed that such cooperation is essential for achieving strong and sustainable market growth.
Carmine Di Noia, OECD Director for Financial Affairs, praised the Thai capital market's recent reforms and commitment to good corporate governance. He noted that the collaboration with the SEC has been crucial, and the review is expected to support a robust investment climate and economic vitality in Thailand.