• The Stock Exchange of Thailand (SET) rolls out its 3-year strategic plan under the concept “The Trusted Gateway to Inclusive Opportunities” with the aim to broaden investment opportunities and enhance the Thai capital market’s competitiveness and efficiency.
• Three core strategies emphasize collaboration with all sectors to drive market forward, remove barriers, and foster growth amid challenging market conditions.

o   Exciting Markets with Confidence – Proactively create opportunities, enhance liquidity, and strengthen confidence

o   Grow Business with Stakeholders – Unite forces to expand growth

o   Great Process and People – Modernize infrastructure and empower human capital

SET President Asadej Kongsiri stated: “SET remains vigilant and proactive in addressing the formidable challenges confronting us–declining confidence in the Thai capital market, contracting trading liquidity, absence of new S-Curve industry listings, and intensifying competition from foreign markets and alternative assets. Moreover, risks are mounting on multiple fronts including political uncertainties, economic slowdown, and global conflicts. Our comprehensive analysis indicates that the Thai capital market requires fundamental transformation to reclaim its position as a compelling investment destination. This strategic plan commits to aggressive, coordinated action across all dimensions–enhancing market attractiveness, boosting liquidity, elevating company valuations, and most critically, restoring confidence while creating new opportunities for all stakeholders.”

The SET group’s three-year strategic plan (2026-2028) under the concept “The Trusted Gateway to Inclusive Opportunities” comprises the following three core pillars:

1) Exciting Markets with Confidence

• Attract Fund Flow: Partner with key stakeholders to revitalize investor participation and expand the investor base following 2025’s liquidity contraction. Introduce new products including Bond Connect Platform and Crypto ETF, while expanding Depositary Receipts (DRs) and Leveraged & Inverse ETFs (L&I ETFs). Develop a comprehensive mobile application serving as a one-stop investment platform for all asset classes.  Execute strategic inbound and outbound roadshows to attract foreign investment, while advocating regulatory reviews to facilitate international participation.
• Elevate Listed Company Quality: Collaborate with regulators to streamline IPO regulations and accelerate listing processes, attracting high-potential businesses and strengthening competitiveness against regional exchanges. Partner with the Board of Investment (BOI) and the Eastern Economic Corridor (EEC) to attract New Economy companies, foreign enterprises, SMEs, and startups. Enhance corporate visibility through the JUMP+ initiative while strengthening corporate governance among Thai listed companies.
• Promote Thailand Futures Exchange (TFEX) for Strategic Investment: Actively promote TFEX as an essential tool to complement equity portfolios and develop sophisticated investment strategies. Introduce new derivative products to expand investment opportunities, including short-dated instruments and crypto-based products. Enhance trading liquidity through market makers and professional traders, while collaborating with domestic and international securities firms to broaden the investor base.

2) Grow Business with Stakeholders

• Establish SET Climate Ecosystem: Expand SETCarbon platform accessibility to listed companies and their supply chains, banks, and bank clients. Develop comprehensive functionality targeting 100 additional platform participants. Position the platform as Thailand’s central carbon database infrastructure with unified standards across all sectors.  Support carbon credit trading infrastructure and prepare stakeholders for Climate Change Act implementation.
• Expand Market Data & Access business: Leverage artificial intelligence (AI) to develop data solutions meeting both internal and external requirements. Implement commercial service policies aligned with international best practices.

3) Great Process and People

• Modernize Infrastructure and Services: Develop a new Clearing system scheduled for 2027 launch to enhance operational efficiency. Upgrade Thailand Securities Depository (TSD) e-Service, including QR Code Sealer, e-Proxy, e-Document, and Investor Portal capabilities.

• Transform Human Capital Foundation: Drive talent development programs aligned with organizational transformation. Foster an innovation-driven culture embracing technological advancement, innovation, and new business models, leading industry transformation with sustainability awareness.

SET aspires that the implementation of this comprehensive strategic plan will enable the Thai capital market to regain its vital role in driving the country’s economy, reaffirming SET’s commitment to connecting all sectors to the capital market and creating sustainable and inclusive investment opportunities for everyone.

Source: SET