Thu, Aug 28, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

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

Thailand: Wealth fund idea back to the drawer

Posted on 07 September 2011

The government is delaying plans for a sovereign wealth fund that would invest in infrastructure projects abroad, saying the matter is not urgent. The idea for the fund emerged after Finance Minister Thirachai Phuvanatnaranubala asked the central bank to consider ways to use some of its foreign reserves in Asean ventures.
Prime Minister Yingluck Shinawatra said further study of relevant laws would be needed before the plan could proceed.”The government has no plans at present to amend Bank of Thailand laws to pave the way for such a fund,” she said……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 14633 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031