Thai bourse continues to support financial planning for career people BANGKOK, August 5, 2014 – The Stock Exchange of Thailand (SET) continues to stimulate career people to be aware of building financial discipline, planning and long-term savings before approaching retirement age by continuously providing financial literacy via media channels and training, under the project called “Ngern Thong Tong Wang Phan (Moneywise must be well-planned): The Revolution to Wealth,” to be held for the second year after the bourse overwhelmingly gained success last year. SET Chairman Sathit Limpongpan said, “Providing financial and investment literacy is one of SET’s key missions to implement across the board, from students to the general public, enabling them to get accurate and ‘first-time right’ information of financial planning and investment. This is a life skill for everyone and also an essential foundation for building quality investors, paving the way for sustainable and strong economy in the long run. The key objective of this project is to build awareness of financial, investment, and retirement planning for future financial security, further moving Thais towards ‘investment culture’ and sustainable wealth.” SET President Kesara Manchusree said “The project will be able to stimulate working people in private sector, government officials and state enterprises employees nationwide to have systematic financial planning, with a target audience of 1.7 million via various media channels. This year, the project will focus on first jobbers having a long period of investment before retirement, as such will accumulate returns from long-term investment to reach the ultimate goal of financial freedom.” “As a result of the baby boomer generation, it is evident that the number of Thai senior citizen will be on an upward trend in the coming decades (from the current 16.5 million persons), while the young population number will be comparatively on the downtrend. Consequently, Thailand is completely entering the aging society in 2025. Therefore, it is advisable that all Thais start carrying out retirement financial planning from now on. In addition, SET has also expanded expertise into “Employee’s choice @workplaces” project, operated since 2011 by providing retirement planning and provident funds know-how, Kesara added. The “Ngern Thong Tong Wang Phan” (meaning “Moneywise must be well-planned) project is being strategically promoted via integrated communications channels inclusive of offline and online media. It aims to maximize media usage, catering to behaviors of the new generation, enabling accessible information anywhere and anytime, in order to cultivate investment plan culture into the DNA of the target groups. The various channels include out-of home media such as BTS skytrain, MRT subway, television channels, radio stations and roadshows to 16 office buildings in Bangkok and suburbs. For more than a decade, SET, through Thailand Securities Institute (TSI), has continuously promoted financial literacy to students at all levels, as well as investors and the general public. The ultimate goal is to build a strong foundation of financial literacy and to be an educational center for both public and private sectors, urging them to deliver literacy to all Thai people. For more information, please contact tsi-thailand.org . SET Group “Matching Your Right Financial Opportunities”
Posted on: Wed, 06 Aug 2014 00:04:05 +0000
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