So the artificial floor in the market will be gone, fun times ahead in 2 years from now. Now Asset Management firms will have to focus on actually performing well, and the next thought that comes to mind is, what will the government do in terms of personal income taxes?

The Finance Ministry will not renew the tax privileges for long-term equity funds (LTFs) after they end in 2016….Of the combined outstanding value of LTFs of 200 billion baht, 40 billion can be sold each year, a negligible amount compared to the average daily trade value of the Stock Exchange of Thailand of 60 billion baht.