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An urgent challenge - THAILAND REPORT - Magazine | Asia Asset Management
Sukhumvit Soi 58 food market is a haven for Thai cuisine in Bangkok that draws many food bloggers. There are more than 20 stalls, each offering authen.
Krung thep mahanakhon
Sukhumvit soi
Sukhumvit soi 58 food market isa haven for thai cuisine in bangkok that draws many bloggers there are more than 20 stalls
Ach offering authentic thai food it amp rsquos likea one stop centre for anda popular destination locals and tourists alike thailand pension system is like the market in some ways
Ith many different types of schemes supervised by authorities there is the social security fund ssf
Hich provides pension and social security protection to private sector employees the self employed it falls under labour ministry then there is thailand government fund gpf
Hich manages retirement savings for civil servants
Nd falls under the purview of finance ministry
Hich also supervises the national savings fund nsf
A voluntary pension scheme for all thai nationals
N top of that
Arge private and state owned organisations such as the provincial electricity authority have set up their own retirement funds for employees but whilea market offeringa variety of food is good
He same cannot be said ofa pension system with multiple schemes for one
Here is no economies of scale
Hich may mean higher costs and lead to lost investment opportunities for another
Aving different entities overseeing retirement funds is unnecessarily complicating for the pension system amp ldquo when you look at thailand rsquos schemes
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