Thailand to Ease IPO, Foreign Listing Rules in Market Revamp (1)

Thailand plans to simplify stock-listing procedures as part of a broader drive to strengthen capital market competitiveness and attract global investors.

The “Thai Capital Market Attractiveness Initiative” aims to bolster investor confidence and position the Thai market as a regional fundraising hub, according to a statement Monday from the Taskforce for a Competitive and Attractive Market. It’s meant to address both demand- and supply-side challenges.

“We need urgent actions to restore the appeal of the Thai stock market among the international investors,” Asadej Kongsiri, the stock exchange’s president, said at a press conference. “More listings of companies in the ...