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
by account officers. This is particularly important because over 70 percent of the equity trading volume is generated by individual local players. Individuals are naturally very sensitive to news
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
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
a majority position, and another 12 in which it is a minority shareholder. The 58 SOEs have over 250,000 employees, assets of 6 trillion THB, revenue of 2.7 trillion THB, dominate key sectors
approximately 1 million baht per year. This public consultation takes into account the comments and suggestions gathered from the previous hearings in August and September this year – the majority of which were
same field from Queen Mary College, University of London, UK. Before his appointment as the Permanent-Secretary, he was Director of the Fiscal Policy Office and Director-General of the Revenue Department
revised in 2004 to take into account inter alia, the experience in Asia with concentrated ownership. The Asian Roundtable therefore decided that a review of the White Paper was warranted. This Report is
paperless process could also save operating costs such as printout delivery, electricity and document storage by approximately 1 million baht per year. This public consultation takes into account the comments
market.? Hence, we take all factors, such as growth, market development, social changes and disruptive technologies, into account in discharging such duty. These changes inevitably affect the way funds are