Briefs

The Thai Bankers’ Association (TBA) yesterday discussed with the Bank of Thailand (BOT) the possibility of postponing PromptPay, which is scheduled to be implemented on October 31, because of instabilities in the system.
Earlier, Predee Daochai, chairman of the TBA, told the media that the association would seek a discussion with the BOT on PromptPay to ensure that the implementation goes smoothly.
Under PromptPay, people transferring money will not need transferees’ bank details in order to conduct an electronic transaction.

SET ATTRACTS FOREIGN INVESTORS
The Stock Exchange of Thailand (SET) has been the only market in the region attracting foreign investors, who have been deserting its peers such as Indonesia, the Philippines and Vietnam.
The Thai bourse has enjoyed net purchasing by foreign investors for five months now.
Year to date, they have stocked up Bt133 billion more of Thai equities than they sold.
“The foreign investors also have a bigger role in making Thai stocks more liquid. They shared 30 per cent of turnover with a record high in 31 months,” the SET said yesterday.
Foreign investors were also net buyers of Thai private bonds worth Bt267 billion in the first nine months, according to the Thai Bond Market Association
However, yesterday the SET closed down 1.02 per cent to 1,442.21 points on trade of Bt65.34 billion, while foreign investors’ net sales were Bt513.18 million.
 The SET Index ended September with a surge of 15.2 per cent from the end of last year, and of 4.2 per cent from end-August.

UNLICENSED SOFTWARE FOUND
Economic Crime Suppression Police have caught businesses with 156 personal computers containing high-value unlicensed software worth Bt15 million in the first nine months of this year.
Most of the raided businesses are in the manufacturing, construction, engineering and distribution industries.