"SSF"

The Federation of Thai Capital Market Organisations (Fetco) has suggested that the Super Savings Fund Extra (SSFX) should be made available again, since the total value of SSFX purchased last year was low at Bt9.9 billion.

The Labour Ministry will ask the Cabinet on Tuesday to approve a reduction in workers’ and companies’ social security contributions from 5 per cent to 3 per cent of wages from January to March.

The Federation of Thai Capital Market Organisations (Fetco) will seek a change in Super Savings Funds (SSFs) regulations to attract more investors.

Assets under management (AUM) of the Super Savings Funds (SSFs) scheme totalled Bt1.05 billion on October 14, Morningstar Research said on Tuesday.

SCB Asset Management (SCBAM) has launched 16 Super Savings Funds (SSF) and long-term equity funds (LTF), covering investment in all assets since July 1 this year.

The Stock Exchange of Thailand’s (SET) market margin in the first four months was Bt14 trillion, down Bt2.75 trillion, or 16.42 per cent, compared to Bt16.75 trillion at the end of 2019.

Thai investors are being advised to enter the stock market via the Super Savings Fund (SSF) as share prices are dropping and long-term investments are attractive at this time.

The Securities and Exchange Commission has approved the launch of 17 Super Savings Funds (SSF) as of March 4 , SEC Secretary General Ruenvadee Suwanmongkol said on Wednesday, adding that they would be available to investors soon. 

LABOUR RIGHTS advocates yesterday voiced their opposition to the Labour Ministry’s plan to increase Social Security Fund (SSF) contributions from Bt750 to a maximum of Bt1,000 a month for workers earning more than Bt20,000.

LABOUR RIGHTS advocates yesterday voiced their opposition to the Labour Ministry’s plan to increase Social Security Fund (SSF) contributions from Bt750 to a maximum of Bt1,000 a month for workers earning more than Bt20,000.