At the luncheon immediately after the Council's 2004 Annual General Meeting on 13 September, Mr Kittiratt Na-Ranong, the President of the Stock Exchange of Thailand, impressed the 90 members and guests with a presentation on "The Economy and Stock Market in Thailand" at the Hong Kong Club. He presented an in-depth analysis on the economic situation in Thailand, including foreign debt, foreign reserves, the interest rate and inflation. He also discussed the likely future trends of the stock market in Thailand. The attendants found the presentation interesting and useful.