Savings scheme awaits nod

The Finance Ministry has yet to approve a long-term investment tax benefit for the Thailand Individual Savings Account (TISA) scheme, as proposed by the Stock Exchange of Thailand (SET), posing a stumbling block to the bourse’s Jump+ initiative.

- NUNTAWUN POLKUAMDEE

The TISA proposal, modelled on Japan’s Nippon Individual Savings Account (NISA) scheme, is seen as a crucial complement to the Jump+ initiative, which targets retail investor participation by offering tax exemptions.

However, the Finance Ministry has yet to confirm its support for the scheme, said SET president Asadej Kongsiri.

The Jump+ initiative is a three-year development programme to support listed companies in the areas of sustainability and growth from 2026-2028.

With a 550-million-baht grant from the Capital Market Development Fund (CMDF), each participant is expected to receive up to 5 million baht in support to hire advisors and experts, as well as initial seed capital of 3 million baht per project.

The Securities and Exchange Commission (SEC) launched its Corporate Value Up programme to complement Jump+, aiming to bolster listed companies’ long-term value and investor confidence as well as increase trading liquidity.