Case for SET reform
Re: "Thai bourse seeks to jump start growth", (Business, Dec 6).
Reading with interest and trying hard to make sense of these new "Jump+" SET reforms? One core aspect is the important role Thai brokers play.
Over the past 10 years Thai retail investor participation in the local stock exchange has dwindled from 50% of total trading volume to barely 30%.
Brokers far too often induce or sanction over-trading, vs responsible investing. Over time, hyper-trading results in a poor investor experience, and investors no longer seeing the SET as a legitimate long-term savings vehicle.
This is what SET reforms should address.
Paul A Renaud
Root of all evil
Re: "Andaman oil to lure global investors", (Business, Dec 6) & "Flood policy must top election agenda", (Opinion, Dec 4).
Everybody complained about the government reactions to the flood in Hat Yai.
Nobody complained about the companies who are finally responsible for the floods all over the earth.
In today's Business Post there is even an article, "Andaman oil to lure global investors".
The lure of money destroys our livelihoods, but nobody seems to realise it.
Karl Reichstetter
Silent on autism
Re: "US panel scraps hepatitis B vaccine guidance for newborns", (World, Dec 6).
This article is essentially a selective news report embellished with the obligatory Trump bashing, anti-vaxxer name-calling, and defamatory remarks about the new head of the US Centers for Disease Control.
To summarise, the WHO recommends a child receive a dose of hepatitis vaccine at birth and two or three more doses by the age of 12 weeks.
The CDC said no to this insanity recently and all those who profit from the practice are unhappy about it.
Unfortunately, Reuters did not say a word about autism in their piece, which is of course the elephant in the room which no mainstream media outlet wants to mention.
Autism is a bit like dementia, but it strikes early in life.
About one in 30 children will now get autism and there is abundant scientific evidence that multiple early-life injections are a strong signal for causation of this epidemic.
Does anyone wonder why Reuters did not mention a word about this in their report? Could it have anything to do with money?
Michael Setter
