The fears over an extension of the LTF seem to have finally abated as the Finance Ministry decided to extend the period for another 3 years, but with a little catch this time. In the past… The lock-up period for investment in LTFs has been extended from the previous five calendar years to the date […]
Read More →The speculation on whether or not the LTF scheme would be extended had some traders nervous, now the latest news is that the Finance Ministry would extend it for another 10 years. I do like the LTF scheme as it has helped with liquidity in the market and does force people to save $ for […]
Read More →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 […]
Read More →The LTF investment scheme begun in 2002 by Thaksin which has essentially helped to bring more local funds into the market in Thailand. “LTFs are on the front burner when we talk with the Revenue Department. The association must make the department conform to the same view. Many people think such funds only benefit the […]
Read More →This is good news for continued fund flow into the local equity market here. LTF’s essentially were created as a methodology for individuals to 1.) minimise their tax bill, 2.) improve domestic long term shareholding in the SET. Whats startling is still the simple fact that despite retail investors accounting for 60% of daily trading […]
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