Reported 8 months ago
Thailand is implementing measures to boost its local equity market, including raising the tax allowance and reducing the lock-up period for ESG-focused funds. The government aims to attract more individual investors by offering tax breaks for investments up to 300,000 baht and lowering the holding period to qualify for tax waivers. These efforts come as the country's main stock index has faced challenges due to corporate scandals and foreign investor withdrawals, making it the worst-performing major benchmark in Asia this year.
Source: YAHOO