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Search Result for “ministry source”

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BUSINESS

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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BUSINESS

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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GENERAL

Handout set to be based on tokens

Business, Nuntawun Polkuamdee, Published on 31/08/2023

» The new government is expected to issue utility tokens to support its digital wallet scheme, with the plan requiring the approval of the Bank of Thailand as tokens are currently prohibited for use as payment by the regulator.

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BUSINESS

Asian shares gain as bank worries ease

Business, Nuntawun Polkuamdee, Published on 01/04/2023

» RECAP: Asian stock markets advanced yesterday as investors' focus shifted from worries about the global banking system. That followed a revival on Wall Street, where rate-sensitive property and technology stocks led gains on Thursday.

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BUSINESS

The search is on for new SEC leader

Business, Nuntawun Polkuamdee, Published on 04/02/2023

» The process to find a new secretary-general of the Securities and Exchange Commission (SEC) is likely to begin soon after the regulator’s board decided on Thursday not to extend the term for current boss Ruenvadee Suwanmongkol.

BUSINESS

Pre-holiday cheer lifts many Asian bourses

Business, Nuntawun Polkuamdee, Published on 21/01/2023

» RECAP: Asian stocks shook off worries about rising interest rates and economic risks to advance yesterday as many investors took profits before the Lunar New Year holiday closes many markets in the region next week.

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BUSINESS

Airport operator has wings

Business, Nuntawun Polkuamdee, Published on 03/12/2022

» Airports of Thailand (AOT), the world's largest airport operator in terms of market capitalisation, has returned to the spotlight this year as the reopening of borders to tourists has led to skyrocketing passenger arrivals.

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BUSINESS

The wisdom of crowds

Business, Nuntawun Polkuamdee, Published on 23/07/2022

» Sinwattana Crowdfunding Corporation sees long-term growth potential for the local crowdfunding market in future decades, expecting a 10-year capital gains tax exemption for investments in Thai startups under 12 target industries to motivate entrepreneurs and investors.

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BUSINESS

Fetco efforts aim to expand investor base

Business, Nuntawun Polkuamdee, Published on 21/12/2020

» The Federation of Thai Capital Market Organizations (Fetco) is preparing to propose a capital market development plan to the Finance Ministry encompassing a long-term equity fund for youth to promote savings, a capital fund for small and medium-sized enterprises (SMEs) and a revision of tax incentives for the Super Saving Fund (SSF).

BUSINESS

Fetco suggests SSF extension

Business, Nuntawun Polkuamdee, Published on 09/07/2020

» Thailand's capital market representative has proposed a 10-year investment extension period for extra units of the Super Savings Fund (SSF) to financial authorities, aiming to help stabilise stock market volatility.