Bangkok--May 11--SET
Mr. Punsak Vejanurug, Executive Vice President of The Stock Exchange of Thailand in charge of the Capital Market Education Division, announced today that “During Q1/2005, the Thailand Securities Institute (TSI) successfully expanded its finance and investment education programs as planned. Now, all its target groups, from youth at the elementary through the tertiary education levels on up to the general public and the securities business’ professionals, can participate in TSI educational programs”.
“During Q1/2005, the TSI’s programs reached out to more than 193,500 people in its three primary target groups — Thailand’s youth, the general public and securities business professionals. This total can be broken down into 140,000 students; 50,000 members of the public and 3,500 securities business professionals. The strategies that TSI employed varied from group to group. ”
For youths at the elementary and high school levels, the TSI worked with the Ministry of Education in developing the ‘Nguen Thong — Khong Mee Ka’ (‘Money, a Valuable Asset’) program before delivering it to the Ministry in 2004. In Q1/2005, TSI held ‘train the trainer’ sessions to advise on the use of ‘Nguen Thong — Khong Mee Ka’ teaching manuals and materials to 3,026 economics class teachers in 933 schools, and gave 198,714 copies of the program’s texts to libraries and students of all participating schools.
“In 2005, the TSI will continue cooperating with the Ministry of Education in producing the ‘Nguen Thong — Khong Mee Ka’ program for distribution to all schools nationwide. The TSI will also continue to train more personnel, under its ‘Train the Trainer’ program, to help teach savings and investment to more people in the target groups. The TSI will invite relevant individuals, including 350 education officers and teachers from 175 districts under the Office of Basic Education Commission (OBEC). We will ask this core group to help further disseminate the information to over 8,750 teachers and 437,500 students nationwide”, said Mr. Punsak.
We will be add more channels and develop new programs in e-Learning, utilizing both CD-ROM and related websites, i.e., www.tsi-thailand.org, www.moe.go.th, and www.tkc.go.th, to disseminate information. The TSI will join the OBEC in following-up on the proper use of the teaching manuals at all schools. The project is expected to start in July.
The SET Executive Vice President added “For youth at the tertiary education level, the TSI will focus on participation. We will further promote education on personal finance and expand the University Networking Project both in Bangkok and nationwide. The TSI has various activities planned such as a seminar entitled ‘Nguen Thong — Tong Sai Jai’ (‘Money, Which Requires Attention’) as well as other training courses for teachers responsible for financial subjects”.
In 2005, the SET will join the Securities Analysts Association and SETTRADE.com Co. Ltd. in organizing a ’Youth Research Competition’ to find the best adolescent stock analyst. This competition is expected to take place from July to November this year. Another interesting project is the ‘Business Game Competition’, which will be jointly organized by the TSI and Chulalongkorn University in October. Interested applicants can check out the latest on both competitions at www.tsi-thailand.org.
“In addition, TSI will continue with its ‘Information Center Project’, by establishing regional stock market information centers throughout Thailand. In the northeast, Khon Kaen University will be the first location for an Information Center. In 2005, a new center will be set up in the south, at the Prince of Songkhla University. To follow, the TSI will add 20 additional Capital Market Information Corners at universities nationwide, after the original 20 of have already been established,” he noted.
Mr. Punsak added, “As for educating the public, in addition to holding sessions on personal financial management and basic investment, which includes the ‘Ngoen Thong- Tong Sai Jai’ program, the TSI has also added other interesting courses on stock, bond and mutual fund Investments. A course that will provide basic information on derivatives will also be introduced to the public with the cooperation of tertiary educational institutes participating in the ‘University Networking’ project and ‘Volunteer Speaker Network’.”
In 2005, the SET has developed the ‘Analysis for Investment’ program, to help provide in-depth information on investment, with a focus on both theory and practices. This includes courses on Fundamental Analysis, Technical Analysis, Valuation and Pricing in Debt Instruments, Analysis for Selected Mutual Fund, Portfolio Management, and Investing Strategies in Index Futures.
He went on, “Encouraging Capital Market personnel to become more professional to cope with more abrupt changes efficiently, especially with the emergence of the new markets, while building ethics and setting standards for those working in the Capital Market have always been major goals of the SET.”
The TSI will continue to develop financial analysts through its Certified Investment and Securities Analyst Program (CISA). CISA focuses on teaching the skills needed for investment and financial analyses in order to prepare more securities analysts and professional fund managers for the securities business. Furthermore, the TSI has been developing an advanced program Modern Investment Professional Program (MIP) to improve the quality of all personnel in securities-related businesses and further strengthen the Thai capital market in the long run.
“The TSI is the only organization in Thailand that uses personnel development to promote a more comprehensive financial and investment education package. These educational activities are necessary for the sustainability of local economic systems and are in line with the Thai Capital Market Master Plan in public education. The SET will continue to relentlessly assume the responsibility for educating and providing understanding about finance, savings and investment for all members of the public. We believe it to be extremely crucial for the development of the Thai economic system” concluded the Executive Vice President.
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.