On 12th February 2020, Wealth Management System Limited (WMSL) organized an exclusive event for top executives from Bank of Thailand, the Securities and Exchange Commission (SEC), relevant financial institutions, and academia. The private meeting with the theme “Dollar Investment to Rescue Thailand: Thai Economic Recovery Fund" was held in Sheraton Grande Sukhumvit Hotel and was presided by Mr. Panya Chanyarungrojn, former Head of Global Markets at HSBC and Citibank. Also present in the brainstorming session were WMSL's team of experienced Senior Consultants.
Following its CSR, WMSL organized the said event to raise awareness of the Butterfly effect arising from Thai baht appreciation, introduce solutions to solve this problem, and explain how investing in the dollar can boost the growth and competitiveness of the nation. Mr. Panya presented the following topics in the meeting: (1) How much should the Baht be valued at? The Return of the Fifth Asian Tiger, (2) Unrestrained Offshore Speculative Flows, The Challenge of Thailand, (3) Bank of Thailand, The Lone Warrior Battling the Currency War, (4) “Dollar Saving Fund” to Restore Stability of Thailand Capital Market, and (5) The Butterfly Effect of Baht Appreciation. You can read the detailed information about each topic here or just click the images below.