Saturday, October 19, 2019

SET works with think tank IPPD on sustainable development

Jul 19. 2019
SET's president Pakorn Peetathawatchai
SET's president Pakorn Peetathawatchai
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By The Nation

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The Stock Exchange of Thailand (SET) and the Institute of Public Policy and Development (IPPD) have signed a memorandum of understanding (MoU) to jointly research ways to boost the country’s economic and social development.

The agreement between the exchange and the think tank will see an exchange of knowledge and will involve using Big Data to sustainably enhance the business sector and society as a whole.

SET president Pakorn Peetathawatchai said that SET realises the importance of research studies and has joined forces with academic, public, and private organisations to conduct research work to further support the goal of sustainable development of the Thai capital market and the economy. Pakorn said this was in line with the vision “To Make the Capital Market Work for Everyone”. 

The MoU focuses on conducting research to help businesses and the public be well-prepared to cope in an ever-changing landscape. The collaboration will make use of Big Data for sample sizes, as well as the in the exchange of human resources and knowledge.

IPPD managing director Sorapop Kiatpongsan said: “We are delighted to take part in this project in research studies for the benefit of the economy and society towards sustainability. The first phrase will focus on savings, investment, business and social sectors’ sustainability, with an aim to enhance savings and investment literacy, develop skills, while raising public and listed firms’ participation in various dimensions by using information and evidence from the analyses and experiments.”

In addition, the SET and the IPPD organised a capital market research forum on the “Disappearing Workforce”, at the SET building in Bangkok. The honorary guest was Stefano Scuratti, regional director of APAC Public Policy Consulting. The Economist Intelligence Unit presented a special report on “The disappearing workforce? Why countries in Southeast Asia need to think about fertility rates before it’s too late”. Guest speakers from the government and private sectors exchanged opinions on trends.

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