Jump to content

Recommended Posts

Posted

Thailand's Pension Fund to Increase Investments in Developed Nations
BY JACOB MASLOW

BANGKOK: -- Thailand’s Government Pension Fund, which oversees 708 billion baht, has announced that due to higher US interest rates, the fund will now increase investments and develop nation equities. Retirement funds for over 1 million employees are managed under the pension fund.

Equities are being discussed in Japan and Europe predominantly.

The fund is hoping to acquire real estate in Asia and Europe. Overseas investing for the fund has increased due to Thailand stocks and government bonds being dragged down. In the first three quarters of 2015, returns reached just 3.59%, down from 6.75% in 2014.

All financial assets will have their interest rates increased due to the projected increase in US interest rates in December.

Full story: http://ethailand.com/business-news/thailands-pension-fund-to-increase-investments-in-developed-nation-equities/406/

-- eThailand 2015-11-24

Posted

"The fund is hoping to acquire real estate in Asia and Europe."

Western-styled constitutions do not apply to Thailand but the Thai regime wants ownership of property in foreign countries whose constitutions allow foreign ownership. Hipocrisy.

"increase investments in developed nations"

While the Prayut regime tries to convince foreign investrors to invest in emerging Thailand. Hipocrisy.

Posted

First, what increased interest rates???? Second, They would bring significently more 'Happiness' to the people of Thailand if they invested in their people, not overseas. The existing Thai pension rates are worse than pathetic at around 500bht a month.

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • Recently Browsing   0 members

    • No registered users viewing this page.


  • Topics

  • Latest posts...

    1. 20

      Tourist Hits Pattaya Street Sweeper, Attempts to Flee but is Captured by Bystanders

    2. 84

      New Alcohol Control Bill Nearly Finalised; Set for December House Vote

    3. 0

      UK Faces Diplomatic Tightrope Amid Potential Trade War

    4. 0

      Tragedy and Justice: Life Sentence for Hate Crime in California

    5. 0

      Employers Warn of Job Losses as Budget Sparks Offshoring Fears

    6. 0

      Dangerous Russian Fertiliser Dumped in North Sea Off Norfolk Coast

    7. 0

      Sean 'Diddy' Combs Accused of Obstructing Justice Ahead of Trial

    8. 0

      Elon Musk reportedly creating tension within Donald Trump’s inner circle

  • Popular in The Pub


×
×
  • Create New...