Thailand adds fresh tax breaks to stimulus to spur growth

Economics

Thailand adds fresh tax breaks to stimulus to spur growth BANGKOK (BLOOMBERG) – Thailand will extend tax incentives to millions of its middle and upper income groups to fire up consumption and counter the nation’s worst economic slump triggered by the coronavirus pandemic. The concession will allow about 3.7 million taxpayers to deduct 30,000 baht…

Krungthai Asset launches new fund to ride economic recovery

Economics

Krungthai Asset launches new fund to ride economic recovery Krungthai Asset Management (KTAM) has launched the initial public offering (IPO) of the Krung Thai Trigger Fund 4 (KT-TRIG4), claiming that the economic recovery was the fund’s supporting factor. The IPO opened on Tuesday and closes on Thursday. Chavinda Hanratanakool, KTAM’s chief executive officer, explained that…