(From Thai Press Reports)
Section: Stocks - Stock Exchange of Thailand (SET) President Kittirat Na Ranong has urged brokers to "be courageous" by telling the government exactly how much lead time they need for a realistic transition towards financial services liberalisation.
Mr. Kittirat commented that some executives of Thai stock brokerage firms are resisting moving into a competitive mode with foreign firms despite the fact that their knowledge and skills not inferior in any way to the foreign firms.
SET, he said, would like these executives to face reality and face the fact of--and brace for--global competition. They should let the government …