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Sovereign Wealth Funds Briefing - Categorized | Fund Profile/New Launches

Thai Oil pushes for talks on sovereign wealth fund

Posted on 24 August 2011

Surong BulakulThai Oil supports a joint discussion of the Bank of Thailand, the Finance Ministry and the Energy Ministry on the establishment of a sovereign wealth fund, which could earn better returns from growing foreign reserves.
Surong Bulakul, chief executive officer of Thai Oil, said that with such fund, Thailand would have a mechanism to manage public-sector risks in the same way as Singapore, Malaysia and South Korea……………………………………….Full Article: Source


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