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Thailand Capital Market Development Fund

CMDF, or the Capital Market Development Fund, is an organization established under Section 218/2 of the Securities and Exchange Act B.E. 2562 (2019) to drive the development of Thailand’s capital market in all dimensions. It focuses on enhancing organizations, strengthening infrastructure, developing human capital capabilities, and supporting knowledge advancement within the capital market industry.
Latest information

CMDF Announcement

In 2025, CMDF provided funding to 20 projects, totaling more than 640 million baht.
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CMDF’s main objectives are to promote capital market development in four key areas.

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Infrastructure

Promote organizational development and infrastructure services to enhance capital market competitiveness
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Professionals

Promote competency among capital market professionals, including those in charge of market oversight
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General Public

Increase knowledge of the capital market, investment, and market development among investors, the general public, and relevant organizations.
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Research

Promote the advancement of capital-market-related research, training, and academic work

Every CMDF grant must strengthen
Thailand's capital market.

Results, not just process.