The Association of Securities Companies (ASCO) and the Stock Exchange of Thailand (SET) are seeking remedial measures to assist stock traders, who are facing a 25-per-cent cut in so-called “extra commissions” earned on stock trades. Acknowledging that the looming cut was creating problems for the association’s members, a source at ASCO said the issue would be taken up at a meeting this week. (The Nation)
SET brainstorm commission problem
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Internet search engine Google has officially opened its representative office in Thailand in a drive to boost local content of its web services and the visibility of its business online.