6 June 2024

Thai Prime Minister Srettha Thavisin says he is satisfied with his meeting with Larry Fink, CEO of BlackRock Inc., which could lead to the firm making tangible and sustainable investments in Thailand, especially in the Government’s Sustainability Linked Bonds.

Government spokesperson Chai Wacharonke said Srettha met with Fink of BlackRock, the world’s largest asset management and investment firm, on the side lines of the UN General Assembly meeting in New York.

BlackRock has a total assets of US$9.43 trillion under its management (as of the end of Q2 2023).

A number of Thailand’s large-scale funds, such as Social Security and Government Pensions, are also investing through BlackRock’s Exchange Traded Fund (ETF).

The company places a priority on investing in sustainability and is interested in Sustainability Linked Bonds, to be issued by the Thai government next year.

The CEO of BlackRock also commended the Southeast Asian region, including Thailand, as being a region of high-potential for BlackRock investment.