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GPF to lower equity asset allotment
Business, Darana Chudasri, Published on 20/12/2018
» The Government Pension Fund (GPF) plans to adjust its investment strategy to reduce its equity portfolio amid projections of higher financial volatility, opting to increase investment in low-risk assets, especially domestic fixed-income securities.
Banker shrugs off poll impact
Business, Darana Chudasri, Published on 20/12/2018
» Thailand's economic growth is projected to expand by 4.1% regardless of the outcome of the upcoming general election, with domestic growth engines expected to drive the uptick, says an executive from Bank of Ayudhya (BAY).