BOI, SET, and SEC Launch BOI to IPO Program to Boost Thailand’s New Economy
Thailand's Board of Investment, Stock Exchange of Thailand, and Securities and Exchange Commission signed a memorandum of understanding establishing the "BOI to IPO" program, which aims to help New Economy enterprises raise capital through stock market listings.
The Board of Investment (BOI), Stock Exchange of Thailand (SET), and Securities and Exchange Commission (SEC) have collaborated to launch the "BOI to IPO" program, aiming to bolster Thailand's New Economy sector by facilitating capital-raising through stock market listings. This program targets ten New Economy industries, including advanced agriculture, biofuels, and robotics, and is expected to provide additional tax incentives to promoted companies listing on the SET.
The program's main objective is to ensure that investment in Thailand creates value, such as developing technology, high-skilled employment, and Thai human capital. SET has amended listing criteria and is piloting a streamlined IPO process, supported financially by SET and the Capital Market Development Fund. Deputy Prime Minister and Minister of Finance Ekniti Nitithanprapas emphasized the importance of investment-led growth in restructuring Thailand's economy, with the government prioritizing investment as a key engine for future growth.
The program not only helps companies access capital markets but also ensures their long-term contribution to Thailand's economic development and creates opportunities for Thai investors.
Written by urgent.news from Thailand Business News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
