Bualuang Securities views the new government's vision positively, acknowledging stricter regulatory standards and the potential return of tax-saving funds.

Bualuang Securities expressed confidence after listening to the economic visions of each political party, highlighting three supporting factors: reforming regulatory criteria to ensure equality, leveraging infrastructure funds, and reviving key equity-supporting funds like LTF/TISA.

January 15, 2569 Bualuang Securities Public Company Limited (BLS) Regarding the "New Government Vision Debate: Who Will Save the Thai Economy and Capital Market?", after attending the debates between the economic teams of various political parties, organized by the Federation of Thai Capital Markets (FETCO), a clear positive direction for the Thai stock market is emerging. This is especially true following the election and the formation of the new government, with expectations that the market will receive a surge of momentum from policies focused on building confidence and promoting financial innovation, rather than the extreme populist policies of the past.

Bualuang Securities identifies three main areas for unlocking investor confidence:

1. Promoting fairness and enhancing governance.

Political parties emphasized the importance of building confidence through regulatory criteria that are "tight, swift, and equitable," particularly in dealing with stock manipulation in both upward and downward trends, as well as rigorously cracking down on "grey money" in order to create a transparent investment environment for everyone.

2. Adding value from the Infra Fund.

There is a push to utilize existing funds to their full potential. A clear example is the price of TFFIF, which has started to move steadily upwards, consistent with the view that Bualuang previously presented in the BLS Daily program on January 15, 2569.

3. The return of the "pillars" supporting the Thai stock market.

What the market has long craved is long-term investment inflows from tax-saving funds. This time, political parties have responded positively to the push for TISA, and there are calls to include the return of LTF (Long-Term Equity Fund) as a key mechanism to drive and stabilize the Thai stock market.

This Bualuang Securities made an interesting observation. that This election may mark the end of populist policies that burden the national budget, as political parties begin to shift from competing on raising the minimum wage or distributing handouts to streamlining bureaucratic processes (BOI) to attract foreign investment and fostering innovation to increase national revenue.

This That's something new and very interesting. คือ The concept is for the government to save money for newborn children and then manage that money to generate returns through investment (e.g., buying Thai stocks). This would impose a condition prohibiting withdrawals until the individual reaches legal age, thereby both providing welfare for the public and increasing long-term liquidity in the capital market.

Bualuang Securities therefore has a positive view on the direction of the Thai stock market after the election, believing that policies focusing on "creating new revenue streams and fair governance" will be key to making the Thai stock market attractive to investors again.

Read related news

• • "Kobsak" urges the new government to quickly restore public trust, comparing the Thai stock market to a "sick old person," emphasizing that good policies must be implemented in practice.
  • The President of the Stock Exchange of Thailand urged the new government to take drastic measures to reform regulations, suspend cash handout policies, and revive the Thai capital market.