The Bank of Thailand has allowed Thai companies with assets of Bt5b or above to invest in foreign financial papers, as part of the relaxation of rules to facilitate institutional investors’ investment and risk management. Under the relaxation, institutional investors are also allowedto enter derivatives transactions with local partners and non-residents, which haveoverseas securities as underlying assets.
Bank of Thailand relaxes investment rules (Nation)
I have been living in Thailand for over 20 years and witnessed the many changes the country has undergone since the Asian Financial Crisis. I have spent time in Phuket, Samui, Hua Hin, and Chiang Mai, but I gravitate back to Bangkok when all is said and done. It is here that I spent years running a software development company and teaching at universities. These days I live on the Internet with Bangkok as my base. I never stopped believing in the enormous potential of Thailand's kingdom, which is why I joined the ThaiVest Team.
All posts byJoe Miller
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