Fixed income funds are steadily growing with more diversified investment portfolios. As of the end of 2018, net assets value of fixed income funds was approximately 2.6 trillion baht, most of
manage liquidity of fixed income funds and mixed funds that invest at least 60 percent of the net asset value in debt securities. The limit for such transactions is increased from 10 percent to 30
The measures include the Bank of Thailand (BOT)’s permission for financial institutions that have purchased investment units of daily fixed income funds to place such investment units as collateral
The Revenue Department has prepared a draft bill amending the Revenue Code relating to the improvement of income tax payment from investors investing in debt securities through mutual funds. The
the time of the misconduct from 2015 to 2017 holding the positions of director and executive of NMG – made a joint decision to approve, order and arrange a recording of false advertising income in the
for business expansion, enhance competitive edge and foster creativity and innovation, it will bring about mutual benefits to the country sustainable development in the long run. Vorapol Socatiyanurak
the establishment of Thai ESG Funds. Individuals with taxable income are eligible for a tax deduction of up to 30 percent of their assessable income, with a maximum limit of 100,000 baht per tax year
be eligible for cross-border offerings, the mutual funds must meet acceptable standards. Such mutual recognition would help to increase competitive edge of the asset management business in the
The suspension was in connection to NMG’s submission of the financial statements for the year 2017, wherein the overstatement of revenue and accrued income in the financial statements for the year
damage from proceeding accordingly. The first case involves four entities, namely: (1) Gilt Edge International (Group) Ltd. ? Thailand representative office, represented by Mrs. Karen Elizabeth Entwistle