'Equal Marriage' Supports Thai Economy, Upgrading 'Tourism - Medicine - Real Estate - Film'

‘Equal Marriage’ Supports Thai Economy Analysts Pick ‘Tourism - Medicine - Real Estate - Films’ as Prominent Trends All Trends Must Be Viewed Long-Term

After Thailand’s “Equal Marriage Law” officially came into effect on January 23, 2025, Thailand was the first country in the Southeast Asian region (ASEAN) to have this law, which is another great happiness for LGBTQIAN+ people.

In addition to the consequences after the opening of sexual freedom in Thailand!! The big picture may cause "economic stimulation" including "tourism" more

By collecting the views of "analysts" who all see in the same direction that it helps "stimulate the economy" and "tourism sector" of Thailand in the long term

Benefits from equal marriage that occur

"Dr. Jitipol Pruksamethanan", Head of Foreign Investment Strategy, Finansia Syrus Securities Co., Ltd. (Public Company Limited) gave an interview to "Krungthep Turakij" that after the "equal marriage" law occurred in Thailand and came into effect, he thinks that Thailand will benefit from the "tourism group" but quite a bit because it is a social policy. This means that according to the principle, it was created to reduce the opposition of the people, it will make politics better and more stable.

While on the business side, which is a large sector, he thinks that the "medical group" will receive some benefits, but the LGBTQ group, men loving men or women loving women, is equal marriage.

However, he personally thinks that if it is set as a special national holiday, similar to National Children's Day, on that day, every sector will organize various events. If these groups of people have such activities This will help stimulate domestic consumption on that day.

In addition, the LGBTQIAN+ group also helps promote the "film industry" (films), which is currently very well-received and popular abroad. Meanwhile, Thailand itself has "Y-series", which are series about men loving men and series about women loving women, or what is called "Yuri". Therefore, it must be admitted that Thailand is skilled and many people like it. Therefore, if more are produced and more are promoted in this area, it will be another channel to help promote and stimulate the Thai economy in the long term.

Overview of the LGBTQ group, it must be admitted that there are few countries that are as liberal as Thailand.

"Natthapol Khamthakruea", Director of Investment Analysis, Yuanta Securities (Thailand) provided additional information that the overall picture of the LGBTQ group must be admitted that there are few countries that are as liberal as Thailand. It may stimulate groups who want equal marriage to come into our country, whether it is a matter of temporary residence or a short-term period to have legal effect or organizing events, which is considered to attract "new groups of tourists". Although there are not many of them, they are groups that Thailand has introduced in the first countries to welcome this group.

Therefore, it is seen as more positive in the medium term in the "tourism group" and "real estate group", including groups that encourage these people to work in industrial estates. Since the house does not discriminate on gender, while some countries are limited, including ESG, which our country can accept all. Compared to the United States, where President "Donald Trump" recently signed on the issue of US gender that there are only male and female, it may be due to an incentive for these people in the United States to move to Thailand more. At the same time, the "medical group" in the "surgeon" section will benefit from the increased number of people coming in.

"Korn Hathaisattha", investment strategist, CGS-International Securities (Thailand), provided additional information that after the marriage equality law came into effect on January 23, 2025, it is neutral for investment, but it is considered a "positive sentiment" with "Fundamental" in the tourism group in terms of psychology. While looking in the long term, there may be more "foreigners" moving to work in Thailand because there are only a few countries that have such issues.

However, if there are LGBTQ foreigners coming to Thailand, the groups that will benefit are "hotel groups - restaurant groups - real estate groups" or rental properties. But it is still a long-term picture in the period of 3-5 years, looking at the stocks that will benefit are Asset World Corp Public Company Limited or AWC, Supalai Public Company Limited or SPALI, The Erawan Group Public Company Limited or ERW, Central Plaza Hotel Public Company Limited or CENTEL, AP (Thailand) Public Company Limited or AP, and Land and Houses Public Company Limited or LH, etc.

While the medical group will be another part that will benefit from "stem cell" or egg deposit, however, the LGBTQ group is not sure if they really want to live together as just the two of them or maybe have children. However, all of these trends still need to be viewed in the long term!!

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