Jump to content

Recommended Posts

Posted

New scheme coming for long-term savings

By THE NATION

 

800_f8d5f72d4248a2c.jpg?v=1573716058

 

The Finance Ministry will within the next two weeks finalise specifics for a substitute for the long-term fund (LTF) introduced to promote long-term savings among the general public.

 

Minister Uttama Savanayana said on Thursday (November 14) the new scheme to replace the LTF, which expires at year’s end, will attract more elderly investors.

 

The ministry has asked Prime Minister Prayut Chan-o-cha to establish a Capital Market Development Committee and it will convene for the first time in the next two weeks, Uttama said.

 

The Thai economy is expected to endure further volatility next year, he added, but the government is poised to introduce new economic stimulus measures if necessary.

 

Source: https://www.nationthailand.com/business/30378334

 

nation.jpg

-- © Copyright The Nation Thailand 2019-11-15

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.



×
×
  • Create New...