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Will Thai stock exchange’s transformation help it catch up with Singapore?

19 6 12

STOCK exchanges in the Asia Pacific (APAC) region are not all equal. Some, like Singapore and Hong Kong, are quite advanced in the way they’re organised. Others, like Thailand and Indonesia, are still playing catch up — at least when it comes to digital transformation.

Most recently, the Stock Exchange of Thailand (SET) reviewed its plan to rejuvenate its infrastructure and found areas of significant improvement.

In its latest three-year plan, 2019-2021, the exchange has announced that it will focus on four key objectives:

  • Development of a digital infrastructure platform
  • Building a one-stop digital capital market
  • Opening up new investment opportunities, and
  • Leveling up investment experiences for more convenience and higher speed.
  • Of course, SET isn’t the only one in the region chasing digital transformation goals.

    The Australian Stock Exchange (ASE), for example, is making remarkable progress. The ASE has recently boosted its cybersecurity measures and is exploring the........

    © Asian Correspondent