competitiveness against some Asean neighbours, the Stock Exchange of Thailand (SET) and the SEC have shifted their focus to deepen trade integration within the Greater Mekong Sub-Region (GMS).
The securities watchdog earlier eased listing regulations to draw firms from the GMS to list on the Thai bourse, aiming to turn it into a trading hub of the subregion.
But the strategy may lag as these countries themselves are prone to develop their own markets to attract domicile companies, she said, adding that their governments have discouraged large domicile firms from listing abroad.