Showing 1-10 of 114 results
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Crypto traders subject to 15% capital gains tax
Business, Nuntawun Polkuamdee, Published on 06/01/2022
» Profits from cryptocurrency trading are now subject to a 15% capital gains tax, according to a source from the Finance Ministry.
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Global shares rally on fed set flat amid 4G frenzy
Business, Nuntawun Polkuamdee, Published on 21/12/2015
» Recap: Global stock markets moved sideways last week as sinking oil prices pushed down energy shares, and rebounded at the end of the week after the US Federal Reserve ended months of uncertainty by raising its benchmark interest rate by 25 basis points for the first time in nine years. Thai stocks were little changed despite sinking on Friday, pulled down by telecoms as prices for 4G licences headed for a world record.
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Foreign flight poses threat to stock market
Business, Nuntawun Polkuamdee, Published on 04/01/2016
» The persistent exodus of foreign investors is of the greatest concern to the Thai stock market in 2016 after around 400 billion baht was cashed out over the past three years.
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Rethink urged on proposed tax on overseas income
Business, Nuntawun Polkuamdee, Published on 21/09/2023
» The government is being recommended to review foreign income tax collection as a new tax will affect many retail investors who have invested overseas, says Jitta Wealth Asset Management.
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Cautious tone from fed gives big lift to stocks
Business, Nuntawun Polkuamdee, Published on 04/04/2016
» Recap: The cautious tone of Federal Reserve Chair Janet Yellen's comments on the global economy that lessened prospects for a US interest-rate increase triggered a global stock market rally last week. Positive investor response to her views also pushed the Thai stock market back above 1,400 points.
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Stocks Gain as US job market roars back
Business, Nuntawun Polkuamdee, Published on 09/11/2015
» Recap: Global stock markets moved up at the end of the week as US jobs data showed a bigger-than-expected rise in non-farm payrolls in October after two months of weakness. As well, a drop in the unemployment rate to 5% increased the likelihood that the Federal Reserve will raise interest rates next month for the first time in almost a decade. The Thai market also advanced.
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Fetco lobbies for tax rejig
Business, Nuntawun Polkuamdee, Published on 25/11/2019
» The Federation of Thai Capital Market Organizations (Fetco) has called for the Finance Ministry to review a proposal to cap the combined tax-deductible contributions for retirement mutual funds (RMFs), the new tax-saving funds to be a substitute for long-term equity funds (LTFs) and provident funds at 500,000 baht per tax year.
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Thai Bond Market Association seeks withholding tax review
Business, Nuntawun Polkuamdee, Published on 12/07/2019
» The Thai Bond Market Association (TBMA) will meet with newly appointed Finance Minister Uttama Savanayana to request a review of the 15% withholding tax placed on fixed-income funds set to take effect on Aug 20.
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Tax-deductible stocking stuffers
Nuntawun Polkuamdee, Published on 04/12/2023
» The time of year is approaching when money-savvy investors search for tax-deductible options that offer reasonable returns.
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Bond market tipped to feel brunt of tax
Business, Nuntawun Polkuamdee, Published on 20/11/2017
» Investment in Thailand's bond market is projected to drop by several billions of baht after the Finance Ministry's planned imposition of a 15% withholding tax on fixed income funds next year, says an investment source.
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