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About CMRI

The objective of CMRI

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To promote and support research, training,
and the development of knowledge, or academic work,
that is beneficial to the capital market.

The Capital Market Research Institute (CMRI) is an agency under the Capital Market Development Fund (CMDF). It was established to develop and enhance the capacity for capital market research, as well as to promote and support funding for broader capital market research and support various activities to achieve the objectives of capital market development, which will benefit the capital market as a whole.

The Capital Market Research Institute plays a part in driving the achievement of the objectives of the Capital Market Development Fund, as stipulated in Section 218/2 of the Securities and Exchange Act (No. 6) B.E. 2562 (2019).

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Vision

Serving a central hub for practical research in capital markets, to promote and develop the Thai capital market sustainably.
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Mission

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01

Promote and support research. Practical capital markets.

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Develop a network of researchers and capital market knowledge.

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03

It serves as an international research information center.

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04

Driving the utilization of research to develop the Thai capital market.

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Annual performance report

View All
2025

Annual Report

28 Apr 2026
Download
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2025

Performance Evaluation Report

24 Apr 2026
Download
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CMRI Research Advisory Committee

To provide useful suggestions for the research approach of the Capital Market Research Institute,
which can connect and produce research in a way that is beneficial to the sustainable development of the Thai capital market.

Professor Kitipong Urapeepatanapong

Chairman

ศาสตราจารย์พิเศษ กิติพงศ์ อุรพีพัฒนพงศ์​_CMDF_CMRI

Mr. Banyong Pongpanich

Advisor

นายบรรยง พงษ์พานิช_CMRI

Dr. Pakorn Peetathawatchai

Advisor

ดร. ภากร ปีตธวัชชัย_CMRI

Dr. Piti Disyatat

Advisor

ดร. ปิติ ดิษยทัต_CMDF_CMRI

Professor Athiphat Muthitacharoen

Advisor

รศ.ดร. อธิภัทร มุทิตาเจริญ_CMRI

Mr. Asadej Kongsiri

Advisor

นายอัสสเดช คงสิริ_CMDF_CMRI

Mr. Juckchai Boonyawat

Advisor

นายจักรชัย บุญยะวัตร_CMDF_CMRI
As of 19 Mar 2026
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Research Committee

Comprises the
following individuals:

01

Chairman

Mr.Pichet Sithi-Amnuai

02

Member

Dr.Kulpatra Sirodom

03

Member

Dr.Suthee Mokkasawad

04

Member

Dr.Soraphol Tulayasathien

05

Member

Mr.Juckchai Boonyawat

Duties of the Research Subcommittee

To provide consultation, suggestions, and refine research on capital markets that can connect to and produce research in a way that is beneficial to the capital market.

Review and approve funding for research, academic work, and/or projects proposed within the defined scope.

Perform any other duties as assigned by the committee.

Contact

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You can contact us for inquiries about

Applications for research funding, including suggestions, advice, and feedback.

Email

CMRIconnect@cmdf.or.th
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Phone Number

020099184
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If you have any issues, questions, or feedback, please fill in the details and send them to:

Email

SystemAdmin@cmdf.or.th
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Phone Number

020099163
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CMRI will contact you as soon as possible to improve the website and ensure it comprehensively meets all your needs.
Opening hours: Monday-Friday 9:00 AM – 5:00 PM (Closed on Saturdays, Sundays, and public holidays)

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Reporting or complaining about
inappropriate conduct by the fund.

You can provide information or file a complaint regarding any inappropriate conduct by the fund, to promote the development of the capital market.

This includes practices that are conflicting or suspected to be illegal or unethical, violations of rights, or defective internal control systems, requiring an investigation into the facts. The Capital Market Development Fund has measures in place to protect whistleblowers, and whistleblowers can choose to remain anonymous.

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Email

Whistleblow@cmdf.or.th
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Phone Number

020099160
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Address

Secretary to the Audit Committee of the Capital Market Development Fund
93 Stock Exchange of Thailand
Building Ratchadapisek Road, Din Daeng District
Bangkok 10400

Contact Address

Capital Market Development Fund
No. 93, Building No. 6, Ratchadaphisek Road,
Din Daeng Subdistrict, Din Daeng District, Bangkok 10400

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