1、 DEVELOPING THE THAI CAPITAL MARKET TOWARD AN INTERNATIONAL FINANCIAL HUB 2025CONTENTSExecutive summary 31.What does it mean to be a global financial hub?72.Where does Thailand stand today?14Area 1:Global branding and visibility 18Area 2:Supportive policy environment for international investors 20Ar
2、ea 3:Infrastructure and connectivity of Thai capital markets 22Area 4:Attractiveness of capital market assets and products 23Area 5:Domestic institutional base 333.How do we get there 36Cornerstone 1:Rebuild confidence and visibility 39Cornerstone 2:Remove frictions to capital flow and enhance marke
3、t participation 45Cornerstone 3:Offer attractive investment opportunities 64Considerations for roadmap prioritisation 81Risks 84Conclusion 85Appendix 87Appendix A:Legal and regulatory set-up of peer special zones 87Appendix B:Special zone case studies 92Appendix C:Fact based benchmarking 100Appendix
4、 D:Global macroeconomic trends 109Appendix E:Key performance indicators and milestones 126Appendix F:List of acronyms and abbreviations 129Legal disclaimers 133EXECUTIVE SUMMARY Oliver Wyman4Developing The Thai Capital Market Toward An International Financial HubContentsThailand is entering a new ch
5、apter in its economic development journey,one marked by bold ambition and a renewed drive for regional leadership.The government has set out a clear aspiration:to position Thailand as a prominent financial centre on the global stage and elevate its status as a leading global financial hub.This refle
6、cts a strong national commitment to strengthen Thailands role in the global financial system,attract top-tier institutions,and become a critical bridge for international capital and innovation.It signals a forward-looking vision of Thailand as an open,modern,and globally connected market a dynamic,t