Showing 1 - 10 of 27
B1.4tn fund says gold to counteract weak stocks
Bloomberg News, Published on 14/06/2024
» The Government Pension Fund (GPF) is expecting gains from investments in gold, commodities and private equity to help counter a slump in domestic stocks, following a period that is seen its performance struggle.
Stocks retreat on valuation concerns
Bloomberg News, Published on 07/09/2021
» Thai stocks dropped after climbing to a two-year high on concerns the recent rally may have been too fast with a key technical indicator showing the market was overbought.
Thai stocks rise to 2-year high on business-reopening optimism
Bloomberg News, Published on 07/09/2021
» Thai stocks climbed to a two-year high after the government unveiled some additional plans to reopen the economy and reported a further decline in coronavirus cases.
Govt plans new pension fund to support ageing population
Bloomberg News, Published on 30/03/2021
» The government aims to create a new pension programme to support an ageing Thai population that will add about one million new retirees annually starting in 2023.
Baht at crossroads as economy seen bottoming out this year
Bloomberg News, Published on 31/08/2020
» The baht could be at a turning point. It’s the second-worst performing currency in Asia this year, but expectations that the economy may bottom out over the next few months is spurring some bullish bets.
Government Pension Fund buys foreign stocks to boost returns
Bloomberg News, Published on 24/08/2020
» Thailand’s Government Pension Fund plans to boost its overseas investments, especially in the tech sector, as domestic equities offer limited options for the 1 trillion baht asset manager.
Philippines approves $1 billion wage aid to 3.4m workers
Bloomberg News, Published on 14/04/2020
» The Philippines will extend 51 billion pesos (33.1 billion baht) in wage subsidy to 3.4 million workers in small businesses, adding to the costs of a lockdown that has shut the nation’s economic engine.
Italy populists surge to power in new phase of European risk
Bloomberg News, Published on 01/06/2018
» ROME: Italy’s populist Five Star Movement and League parties prepared to sweep to power in a spectacular reversal of political fortunes that brings an end to three months of deadlock and opens the way to a period of friction with Europe.
Emerging markets: Storming or storm-bound?
Bloomberg News, Published on 25/09/2017
» Nothing has been able to silence the roar of emerging markets this year, be it Kim Jong-Un’s missiles, President Donald Trump’s protectionist rhetoric or a host of domestic political ructions from Brazil to South Africa and Turkey.
Uber to review Asia dealings amid US criminal probe
Bloomberg News, Published on 20/09/2017
» SAN FRANCISCO: Uber Technologies Inc, facing a federal probe into whether it broke laws against overseas bribery, has embarked on a review of its Asia operations and notified US officials about payments made by staff in Indonesia, people with knowledge of the matter said.