Byline: Nuntawun Polkuamdee
Nov. 14--There's a pleasant surprise coming investors' way, in the shape of new tax incentives from the government to spur new investment and economic growth, according to SCB Securities.
Through recent research the broker said there would be a healthy jump in the market in 2006 due to various policy initiatives and a turnaround in the broad economy.
New tax deductions on investments for companies were one possible "surprise", SCB Securities said, speculating that the government would approve deductions of up to double a firm's capital investment against corporate tax liability.
Such a measure would potentially …
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