Thailand's government offers tax breaks and shorter lock-up periods for local stock market investments to boost confidence.
Thailand's government introduces tax breaks and reduces lock-up periods to boost local stock market. Individual investments of up to 300,000 baht in approved ESG funds are now tax-exempt after a 5-year holding period, up from 100,000 baht and an 8-year period. This move aims to increase investor confidence, following $3B withdrawals due to corporate scandals and political risks.
July 30, 2024
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