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As the pandemic has driven companies in many industries to accelerate digitization, the most attractive investment trends for the post-pandemic era are innovation, technology, digital health, intelligent logistics and ecological social governance (ESG), the President of the Thai Stock Exchange (SET ) recently said at the Thailand Focus 2021 virtual conference.

Since the Covid-19 outbreak in early 2020, the advent of digital technologies has helped many companies adapt their business operations to the changing economic environment in the new normal era and better meet the needs of consumers, whose behavior has also changed drastically from the Pre-Covid era changed.

In line with changing investment demand, the SET revised its listing rules two months ago to make it easier for new S-curve industries to access more funds in the stock market. In doing so, the SET has adopted the market capitalization rules that allow these companies to list on the stock exchange without having to provide the profit statement required by the general listing rules.

The exchange has also committed to providing more support to small and medium-sized enterprises (SMEs) in the near future by setting up a trading platform specifically for SMEs. The executive vice-president of the SET stated that, according to the new criteria of the approval rules, many new S-curve companies are expected to come onto the market this year and next.

In addition to Thai companies, the SET also plans to attract more overseas companies to list on the Thai Stock Exchange by adjusting the current listing rules for the overseas companies to be simpler and encouraging Thai investors to invest more in global products by accelerating the development of global products on the SET platform.

Currently, Thai investors can invest in Vietnamese stocks and other foreign stocks via depositary receipts, foreign stock indices such as the S&P 500 Index and the Hang Seng Index via derivative warrants, and Chinese stock indices via Chinese exchange traded funds.

The SET senior vice president said investing in ESG companies was another strong trend in the post-Covid era as these companies demonstrated their strength amid the pandemic crisis. Companies with a more transparent disclosure of information on human rights protection will be particularly attractive in the future than others, he said.

The Thai capital market recorded a huge outflow of 263.15 billion THB in 2020 and 105.4 billion THB since the beginning of the year as the Thai economy was badly hit by the ongoing slump in tourism, which contributed in large part to Thai GDP .

Treasury and Health Ministry officials said Thailand should be able to meet the vaccination target and establish herd immunity in the country within this year. If the destination is reached, Thailand can expect 10 million tourists in the next year.

At the beginning of August 2021, the ASEAN Academy of a large Chinese technology company organized the “Technology Seeker vs Competence Development Workshop” in cooperation with the Eastern Economic Corridor Office (EECO) and Burapha University.

The online workshop aimed to share the technology company’s breakthrough technologies to accompany the digitization of the industrial sector and to consolidate knowledge and information to create demand-oriented training courses that improve the skills of ICT talents and thus target industries in the Eastern Economic Corridor (EEC.) Support).

The seminar brought together top executives and entrepreneurs from EEC-based companies, SMEs and start-ups interested in introducing technologies to industries that can fuel the country’s economic growth and competitiveness.

It was suggested that the Academy’s goal is to build a healthy digital ecosystem in the EEC and across the country by promoting 30,000 digital talent over the next three years. The technology company aims to continue to encourage Thailand to become the digital center of the region, increase the country’s competitiveness and build a sustainable economy and society.

Several initiatives and in collaboration with several industrial and educational partners will help secure Thailand’s future as a global technology center and as a talented I&T innovation region.

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