Thailand's stock exchange plans to utilize artificial intelligence tools to improve the supervision of listed companies due to growing concerns about corporate fraud.
The objective is to detect abnormal share price movements and trading activities more quickly, enabling timely notifications to investors.
Asadej Kongsiri, president of the Stock Exchange of Thailand, emphasized that previous delays in issuing warnings and taking enforcement actions have contributed to a decrease in investor confidence in the market.
The implementation of AI is expected to address these issues and restore trust among market participants.