Policy & Regulations
Thailand aims to collect between 3 billion to 4 billion baht ($98 million to $131 million) a year with the imposition of the new tax.
This comes after the government last year approved tax incentives for bank mergers to help them better compete with their larger regional rivals.
Offerings of digital tokens will not be allowed until the regulations are announced.
IPOs & Markets
They are also banned from allowing clients to use credit cards to buy cryptocurrency.
Thailand’s five biggest lenders are Bangkok Bank, Krung Thai Bank, Siam Commercial Bank, Kasikornbank and Bank of Ayudhya.
Japan remained Thailand's biggest investor in 2016, followed by Singapore and China.
© Copyright DEALSTREETASIA 2014-2019 All rights reserved.
Forgot your password?
We will never share your information with third parties.
Already have an account? Sign in here
If you don’t already have an account click the button below to create your account.
Unlock your competitive advantage in a
rapidly evolving landscape. Our packages
come with exclusive access to archive
content, data, discount on summit tickets & more.
Be a part of our growing community now.