Bangkok--7 Aug--SET
Personal financial skills and knowledge as crucial for families and the nation, according to Thailand Securities Institute (TSI), a subsidiary of The Stock Exchange of Thailand (SET). That is why SET and Bangkok Metropolitan Administration (BMA) are jointly promoting greater understanding of personal finance, and efficient saving practices for families, among Bangkok residents.
“This year BMA plans to expand its network of Centers for the Promotion of Household Savings to all districts, while SET will be providing a SET Corner in each center,” said SET Capital Market Education Chairman Mr. Punsak Vejanurug.
“About 60% of Bangkok’s six million residents are low- to middle-income earners. They need to manage their income efficiently, and can benefit from savings and money management techniques. Therefore we need to promote this important knowledge with the support of SET,” Bangkok Governor Mr. Apirak Kosayodhin said.
SET held several workshops and seminars for BMA officials and the general public during September — December 2005, with approximately 7,000 people attending.
The two organizations have also highlighted H.M. the King’s sufficiency economy initiative, in commemoration of the 60th anniversary of His Majesty’s accession to the throne. There were 1,493 people attending this recent workshop “Balanced Way of Life by the Royal Initiative”, including BMA officials from 13 districts. More sessions will be held in August in another four districts.
Concerning youth education, SET, in conjunction with the BMA, provided training to teachers in 106 BMA schools, so that they can transfer financial knowledge and skills to students in Grades 1 — 12. SET developed the textbook “Ngern-Thong-Khong-Mee-Ka” (“Making Sense of Money”), with the Ministry of Education, and students in all BMA schools will use it by the end of this year.
To interest children, SET is organizing free staging of the play, “The Magic Piggy Bank” on August 4 — 6, 2006. Students from BMA schools will be watching today’s performance. For future sessions, free tickets can be obtained by calling 0 2229 2637 - 2227.
“The Magic Piggy Bank” is supported by SET, TSI, Family Know-How Co., Ltd., Muang Thai Life Assurance Co., Ltd., Siam Inter Multimedia PCL, and Toys’ R Us.
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