Thai PM discusses investment with CEO BlackRock Inc. in New York

[snoop1130]

 

Thai Prime Minister Srettha Thavisin says he is satisfied with his meeting with Larry Fink, CEO of BlackRock Inc., which could lead to the firm making tangible and sustainable investments in Thailand, especially in the Government’s Sustainability Linked Bonds.

 

Government spokesperson Chai Wacharonke said Srettha met with Fink of BlackRock, the world’s largest asset management and investment firm, on the side lines of the UN General Assembly meeting in New York.

 

BlackRock has a total assets of US$9.43 trillion under its management (as of the end of Q2 2023).

 

Full story: Thai PBS 2023-09-20

 

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[stoner]

maybe not the best idea.

[Gknrd]

Here we go again, Thailand is a mini china for investing.

Military have set themselves up for lifetime rule. Personally I don't see the difference in this and a one man dictatorship in China. 

 

[fondue zoo]

You know how many surnames can be traced back to a profession or trade or what the family ancestor did in life...

[bamnutsak]

I am surprised the anti-American Thais aren't blowing up over this PM's educational background (U.S. universities), this lengthy trip to the land of Imperialists and sucking up to Wall Street.

 

I mean they went nuts with Pita, accusing him of being a U.S. sympathizer, all because he went to grad school(s) in the U.S. for few years.

 

Maybe the upcoming trip to China will soothe them?

 

 

 

 

[lordgrinz]

Invest in Thailand?! LOL Not on your life! I wouldn't trust one dime of my money being invested in a country with an unstable government (18 Coups and 18 constitutions and counting). If you got money you don't care about, sure, gamble if you dare.

[huangnon]

25 minutes ago, lordgrinz said:

Invest in Thailand?! LOL Not on your life! I wouldn't trust one dime of my money being invested in a country with an unstable government (18 Coups and 18 constitutions and counting). If you got money you don't care about, sure, gamble if you dare.

Coups are against people (and a semblance of democracy), not corporations and investors.

 

The teflon Baht is a good illustration.

[khunjake]

Ahh yes, Blackrock. Notorious in the US for buying up entire blocks of new homes and renting them out at above market rates. Adding to the affordability crisis and fully sponsored with the Fed. They make the vampire squid look tepid.

Edited September 21, 2023 by khunjake

[Gknrd]

19 hours ago, lordgrinz said:

Invest in Thailand?! LOL Not on your life! I wouldn't trust one dime of my money being invested in a country with an unstable government (18 Coups and 18 constitutions and counting). If you got money you don't care about, sure, gamble if you dare.

Bout like China, What a $hit show that is for investing.