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
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
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
is to determine in what situations categorical rules (i.e. norms that apply uniformly, without permitting many exceptions based on “relevant facts and circum- stances”) more effectively protect
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
statutory authority that create long-term benefits for stakeholders with due consideration of public policy and matters related to the economy, society and the environment. (3) Determine the necessary and
circumstances, facilitating their development of new opportunities to create value and to determine the most efficient deployment of resources. Where appropriate, corporate governance frameworks should therefore
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