Watanya Wongopasi, a member of parliament (MP) of Thailand’s ruling Palang Pracharath Party (PPRP), has suggested that the Excise Department study every aspect carefully before imposing taxes on cryptocurrency trading and sales of stocks.
Trading value on the Stock Exchange of Thailand (SET) could drop 40% if a capital gains tax on share sales is imposed, with the higher cost driving investors away from the market, says Paiboon Nalinthrangkurn, chairman of the Federation of Thai Capital Market Organizations (Fetco).
Analysts believe the Thai stock market will continue to see a monthly inflow of more than 10 billion baht, helping the SET Index reach 1,870 points in 2022, says Paiboon Nalinthrangkurn, chairman of the Federation of Thai Capital Market Organizations (Fetco).
Analysts believe the Thai stock market will continue to see a monthly inflow of more than 10 billion baht, helping the SET Index reach 1,870 points in 2022, says Paiboon Nalinthrangkurn, chairman of the Federation of Thai Capital Market Organizations (Fetco).