Procedures lined up to restore stock market

Procedures lined up to restore stock market

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Long-term equity funds are targeted PUBLISHED : 21 May 2024 at 07: 04 Three capital market organisations will fulfill on Tuesday to reach a last conclusion on the tax-deductible funds they desire to propose to the Finance Ministry, hoping to restore financialinvestments in excellent basic stocks in the Thai stock market. The Federation of Thai Capital Market Organizations (Fetco), the Association of Investment Management Companies (AIMC) and the Securities and Exchange Commission (SEC) are set to settle the information of the plan for the ministry’s factortoconsider, specifically financialinvestment conditions for long-lasting equity funds (LTFs). Finance Minister Pichai Chunhavajira stated last week that reestablishing LTFs, which ended in 2019, will assistance lift the Stock Exchange of Thailan
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