Thailand likely to expand exchange-traded funds (ETF) offer
In many countries, ETFs have become a tool that allows easier and more convenient investment, a greater variety of investment strategies, and efficient risk management if the fund is used along with other products.”Thailand is in a good state of development on ETFs, however, there remains room for improvement,” said chief executive officer Pattera Dilokrungthirapop.
Thailand-China business and investment seminar to be held in Bangkok
The Industrial and Commercial Bank of China, the fourth largest bank in China, will join hands with Thailand’s three most influential private organisations to host an investment seminar and business-matching session early next month for Chinese and Thai enterprises. Forty leading Chinese manufacturers will visit Thailand to explore cooperation with 200 Thai enterprises.
Central Group allocates special budget for Carrefour acquisition
Central Group yesterday reaffirmed its interest in participating in the bid for Carrefour’s local operations against rivals like Casino (owner of Big C Supercentre) and Berli Jucker (BJC). Carrefour operates about 43 hypermarkets in Thailand but plans to discontinue its operations here and elsewhere in the region.
