Summary · why it matters
The Stock Exchange of Thailand and the Federation of Thai Capital Market Organizations are pushing the Thailand Investment and Savings Account, or TISA, project to promote long-term savings by offering tax benefits for direct investment in stocks and bonds for the first time. The project is under discussion with the government on details such as a maximum investment limit of 600,000 baht per year, holding periods, and account types that may be split into a five-year holding account and a retirement account for age 55, modeled after Japan's NISA program. Large-cap stocks that pay regular dividends are expected to benefit the most, including Advanced Info Service, PTT Oil and Retail Business, PTT, PTT Exploration and Production, Siam City Cement, Sansiri, TQM Alpha, and Thai Union Group. Meanwhile, stocks offering long-term dividend yields of more than 5 percent per year include AP Thailand, Bangkok Bank, Land and Houses Securities, FTREIT, and PTT.