Bangkok--Feb 4--SET
The Stock Exchange of Thailand (SET), the Bangkok Metropolitan Administration (BMA), and other related organizations are going to collaborate in setting up the Center for the Promotion of Household Savings in order to promote a greater understanding about personal finance and efficient saving practices for families.
SET Senior Vice President and Director of the Thailand Securities Institute (TSI), Mrs. Jiraporn Koosuwan, who is a member of the committee setting up the Center for the Promotion of Household Savings, disclosed that the SET, the BMA, the Government Savings Bank (GSB), the Association of Investment Management Companies (AIMC), and the Thai Life Assurance Association (TLAA) will be setting up the Center to promote a greater understanding in personal finance among people from all walks of life.
“On the SET’s side, we’ll primarily provide support in the following three areas:
1. Youth education: The SET, in conjunction with the BMA, will provide training to teachers in the BMA’s schools, so that they can more effectively teach students in Grades 1 — 12 about personal finance using the textbooks “Ngern-Thong-Khong-Mee-Ka”. The SET developed the textbooks jointly with the Ministry of Education. Teachers from approximately 400 schools are expected to participate during the 2 year-period (2005-2006).
2. Training for BMA’s staff and community leaders: This will educate these groups so that they can better pass along what they’ve learned to others. They will also be able to provide basic guidance about managing the income and expenses of households. The community should then be able to become more financially healthy.
3. Publications on personal finance: These publications will include educational pamphlets on personal finance useful for assuring better financial planning and more effective saving, All of the SET’s publications, as well as its e-learning facilities, will provide new and useful information for making decisions on one’s own personal financial management. The SET will also support the BMA’s activities,” Mrs. Jiraporn said.
This supportive collaboration will be beneficial for Bangkok residents in that they will gain more skills in personal financial management, which is one of life’s essential skills. These activities will also lay a firm foundation for the building of better financial discipline within the populace, leading to a stronger and more financially healthy family and community.
For more information,
please contact the Corporate Communication Dept.:
Ladawan Kantawong Tel: 0-2229-2036 /
Kulvida Jintakawong Tel: 0-2229-2037 /
Nattaporn Boonprapa Tel: 0-2229-2049 End.