Thailand Offers Tax Incentives to Bolster Slumping Stocks
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Pichai Chunhavajira
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Thailand will provide tax incentives for investments in the nation’s equity market that has underperformed peers this year amid foreign outflows.
Individuals will get a tax allowance of as much as 300,000 baht ($8,800) for their new investment in equity funds, called ESG X, Finance Minister Pichai Chunhavajira said at a press conference after a Cabinet meeting Tuesday.