liquidity and redemption of fixed income funds Increase institutional investors’ role and promote long-term investment among retail investors ● Coordinated with the Revenue Department to promote long-term

products and services in order to lessen their dependency on brokerage fee revenue, and launched a securities business liberalization roadmap to get the industry players started on the preparation for the

. In 2007, the SEC earned the total revenue of B793.8 million. The major source of revenue was the fee income of B441.4 million, which accounted for 55.61 percent of the total revenue, increasing by

higher than that of many high income countries as well as many countries in Asia, with the notable exceptions of Malaysia and Singapore. The SET index fell below the 400-point mark during the crash of 2008

with the Revenue Department resulted in the issuance of Ministerial Regulation and Royal Decree to solve outstanding tax issues which were impediments to the securitization process. The effect of such

through mutual agreements are to be respected.” Companies should raise awareness of stakeholders‟ legally protected rights and should translate this awareness into everyday actions. For example, companies

labor of provident fund members, the SEC, following its coordination with the Ministry of Finance (MOF), received a letter from the Fiscal Policy Office in March 2004, which informed the Revenue

supervision, implementation and enforcement among different authorities is clearly defined so that the competencies of complementary bodies and agencies are respected and used most effectively. Potentially

29 Executive Statement Summary of Income Business Performance 8 - Refinery & Trading 13 - Marketing 15 - Power Plant 17 - Bio-based Products 20 - Natural Resources Financial Position Statement of Cash

/19019778.pdf 19038078.pdf total 34 funds under management consisting of 31 mutual funds and 3 property funds. PASSET’s market share in terms of mutual fund was 1.28%. In 1Q19, PASSET’s fee income from mutual