Veerathai Santiprabhob: Working together for sustainable growth

Special address by Dr Veerathai Santiprabhob, Governor of the Bank of Thailand, at the World Federation of Exchanges General Assembly & Annual Meeting, Bangkok, 6 September 2017.

The views expressed in this speech are those of the speaker and not the view of the BIS.

A very good evening to you all.

First of all, I would like to thank the World Federation of Exchanges (WFE) and the Stock Exchange of Thailand (SET) for inviting me to be a part of this annual event. I must admit that while I was at the SET, I looked forward to participating in this forum every year, as it often generated good new ideas and reaffirmed our commitments to enhance capital market for the benefit of the global economy.

I am delighted to be back at the WFE General Assembly and Annual Meeting. But this year, I join the meeting in another capacity - wearing a different hat. It is my great honour and pleasure to be among distinguished guests and former colleagues.

Ladies and gentlemen,

Let me start by saying that it is an exciting time for the Thai economy and our region. The Thai economy continues to expand at a faster-than-expected pace. We are witnessing strong growth in exports and tourism. Government large-scale infrastructure investments are making good progress. Public investment, together with the government's strategy to attract investments in industries for the future, will step up Thailand's competitiveness and lay a strong foundation for sustainable growth.