Bangkok--Mar 8--SET
SET President Mr. Kittiratt Na-Ranong talked about the SET Roadshow which took place in Phuket (March 5, 2005). This is the second year for the Phuket Roadshow, he said, and it was still well-attended by investors and the general public from Phuket and the nearby provinces. Phuket is very active in securities trading, ranking third in the South, after Songkhla and Surat Thani. In 2004, the total trading turnover in Phuket was THB35,000.18 mln., or THB2,916.68 mln. per month.
“We appreciate that Phuket investors are rather disciplined in their investing, tending to invest for the long-term and not really focusing on short-term profit-making. It could be seen from this Roadshow that people were eager to gain additional useful information for making their investment decisions.
“It was an appropriate time, as 457 listed companies on the SET and Market for Alternative Investments (mai) announced their annual operation performances for the year 2004. They collectively took in THB464,317 mln. in net profits, a 37% increase over 2003. This significant information helped improve investors’ confidence-- especially those in Phuket, because they received this information first at the Roadshow,” Mr. Kittiratt said.
Phuket Deputy Governor, Mr. Supachai Yuwaboon, said at the Opening Ceremony that he just assumed his position in December 2004, when Phuket was affected by the tsunami tidal waves. At present, Phuket is in its restoration phase and he believes this will continue at a brisk pace, as there has been strong cooperation between the public and private sectors.
“This Roadshow is another supportive activity helping promote more investment in Phuket. The press members joining the trip also gained valuable information so they could report their stories back to the rest of Thailand and hence publicize how Phuket is still an attractive place for investment and tourism.”
The President of the Phuket Chamber of Commerce, Mr. Eam Thavornwongwongse, said that the degree of damage in Phuket was not as much as reported in the news. The province is even more beautiful than before, with a view much like that of 20 years ago. Although the number of tourists has significantly decreased after the tsunami disaster, it is recuperating from the low of less than 10% occupancy, back up to 20% at present. As for its tourism promotion strategy, the Phuket Chamber of Commerce will organize a roadshow overseas. The first activity will be held in Berlin, Germany. It also plans to draw international sports tournaments to be held here in Phuket.
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 /
Watsamon Saowakhonsathien Tel: 0-2229-2797 End.