Thai Bourse to Boost ETFs, Depository Receipts on Foreign Firms
- Exchange working with Asian peers for such products: Pakorn
- Targets Myanmar, Laos, Cambodia, Vietnam for the initiative
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Thailand’s bourse plans to offer more exchange-traded funds and depository receipts on foreign companies to boost business and attract international investors.
Stock Exchange of Thailand is working with other Asian trading venues for such products, Pakorn Peetathawatchai, the exchange’s president, said at a Bloomberg Live event in Bangkok Wednesday. This plan will help promote Thai exchange as trading center for overseas stocks, he added.