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Trading dwindles as new tax begins
Business, Nuntawun Polkuamdee, Published on 12/09/2019
» Average daily new short-term corporate bond issuance and short-dated corporate bond trading in secondary markets slumped by 75% and nearly 50%, respectively, after a 15% withholding tax on gains from investment in fixed-income funds came into force on Aug 20.
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Confidence wanes for stock investors
Business, Nuntawun Polkuamdee, Published on 12/09/2019
» Stock investor confidence for the three months through November dipped into neutral territory from bullish in the previous survey, dampened by worries about trade tensions, the country's sluggish economy and listed companies' profitability.
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