Thailand to Raise Tax Breaks, Trim Lock-Ups to Buoy Stocks

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(Bloomberg) -- Thailand plans to raise the tax allowance and trim lock-up periods for holders of ESG-focused funds as part of efforts to bolster the local...

-- Thailand plans to raise the tax allowance and trim lock-up periods for holders of ESG-focused funds as part of efforts to bolster the local equity market, hit by a foreign investor exodus.Nvidia Sales Grow So Fast That Wall Street Can’t Keep Up

The Stock Exchange of Thailand is also poised to implement a set of measures from July 1 to shore up investor confidence. It will require high-frequency traders to register before they can place their orders, besides disclosing information on investors conducting “inappropriate trading practices” to member brokerages to enable more effective supervision.

Finance Minister Pichai Chunhavajira said the relaxation in equities eligible to be covered by the funds will expand the number of stocks to more than 200 from about 100 shares now. Thursday’s clash between Democratic President Joe Biden and Republican former President Donald Trump may be the most consequential presidential debate in decades. Here are some key moments we'll be watching for.Nigel Farage has claimed former US president Donald Trump "learned a lot" from studying his speeches before he ran for office.TimesSquare Capital Management, an equity investment management company, released its “U.S. Focus Growth Strategy” first-quarter investor letter.

No wonder bosses say Gen Z are hard to manage: While 70% of Boomers have zero tolerance for any level of tardiness, in Gen Z's eyes, 10 minutes late is right on time.Ex-White House Doctor's Alleged Pill Scandal Resurfaces As He Demands Biden Take Drug Test

 

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Thailand Raises Tax Breaks, Trims Lock-Ups in Bid to Buoy StocksThailand will raise tax allowance and trim lock-up periods for holders of ESG-focused funds as part of efforts to bolster the local equity market hit by foreign investor exodus.
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