Thailand: Sicco Securities to invest in stocks this year.

(From Thai Press Reports)

Section: Corporate News - Sicco Securities expects to re-invest in the stock market this year with a 200-million-baht budget, confident of an improving economy and positive market sentiment, the Bangkok Post reports.

"We had set aside 200 million baht for stock investments last year but didn't use it due to sluggish sentiment. So, we have waited for better timing to enter again, and expect to do so this year," said Siripong Sutharoj, the company's managing director and CEO.

Its research team forecasted that the Thai economy would grow by 5% this year, although risk factors such as a delay in state megaprojects, current …