Headline: The Revenue Department introduces crypto tax
– The Revenue Department announced that all taxpayers who profit from cryptocurrency trading will now be subject to a 15% capital gains tax, while those who receive gifts or prizes are taxed at the rate of 5%. On the other hand, recipients of inheritance will no longer be subject to inheritance tax.
Headline: The Investment Analysts Association recommends 5 best stock for investing
– Thailand’s Investment Analysts Association revealed that twenty-five members have outlined five best stocks for investing, including ADVANC, SCB, EA, KBANK, and CPALL, and have also weighted retail, banking, real estate, and telecommunications investments, with the SET Index expected to reach 1,665 points by the end of the first quarter of 2022.
Headline: CPF on upbeat following a spike in swine and chicken prices
– Charoen Pokphand Foods (SET: CPF) expected to make an extra profit in 4Q21 from the sale of 66 million shares in Siam Makro (SET: MAKRO) and also benefited from a global surge in swine and chicken prices. Analysts recommend “BUY” with a target price of THB33.50.
Headline: GUNKUL expects to deliver THB10 billion in profits this year as it begins to realize revenue from the hemp business
– Gunkul Engineering (SET: GUNKUL) predicted that its revenue would reach THB10,000 million this year, following the realization of a profit of THB700-800 million from the hemp industry during the first nine months of 2021.
Headline: JMART anticipates a 50% rise in revenue this year, while SINGER expects a 75% increase
– Mr. Adisak Sukhumvitya, Chief Executive Officer of Jay Mart (SET: JMART) is confident that JMART will continue to achieve remarkable earnings results in 2022, with a plan to advance its business transformation of becoming Technology Investment Holding Company.
