Finansa CEO advises bond investments as Thai policy rates fall

Finansa Asset Management CEO Teerapan Jittalan foresees a 50-basis point cut in the policy rate this year.

This is a measure to slow down foreign capital inflows.

"As developed economies’ central banks are still printing money, inflows will come to Thailand which offers a higher rate. The central bank will need to lower the policy rate, as other tools contain higher side-effects," said Teerapan Jittalan, executive director and CEO of the fund company.

"I support Virabongsa Ramangkura (Bank of Thailand’s chairman who earlier proposed a rate cut)," Jittalan added.

To this end, he said investors are advised to invest more in bonds, to lock in the current returns.

For more.

Also Read

Asian investor sentiment index inched higher to 16pts in 4Q13

China's M&A deal values hit record high of US$260b in 2013

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit