BANGKOK (Reuters) – Thailand will increase the size of a government mutual fund by an amount of 100 billion baht to 150 billion baht ($2.8 billion to $4.3 billion), Finance Minister Pichai Chunhavajira said on Tuesday.
The Vayupak Mutual Fund will offer new fund units to the public in the third quarter of this year, Pichai said in a statement. The fund mainly invests in Thai stocks.
($1 = 35.15 baht)
(Reporting by Orathai Sriring, Kitiphong Thaichareon and Thanadech Staporncharnchai; Editing by John Mair)
