Stock Exchange of Thailand Proposes Legal Reforms to Boost Market Liquidity

According to a report by Prachachat Business on September 15, 2026, the Stock Exchange of Thailand (SET) is advocating for amendments to the Public Limited Companies Act. The proposed changes aim to allow business owners to sell additional shares without losing management control, a move intended to increase the market's free float and attract greater foreign capital.

Furthermore, the proposal includes the introduction of a 'Golden Share' mechanism, which would provide the government with more flexibility to reduce its shareholding in state-linked entities. The SET suggests that if these regulatory adjustments successfully increase the supply of shares and attract new economy businesses, the SET index could potentially reach the 2,000-point mark within the next two to three years.

For residents and expatriates, these developments are significant as they signal a potential shift in the local investment landscape and the broader economic climate of Thailand. A more liquid and robust stock market often correlates with increased corporate activity and economic growth. However, it is important to note that these are currently proposed legislative changes. The actual implementation of these amendments, the specific details of the 'Golden Share' structure, and the timeline for parliamentary approval remain to be confirmed. Investors and observers should monitor official government announcements for further updates on the progress of this legal reform.