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Bank of Thailand Official Stresses Need for Foreign Investment in Bond Market.

Bangkok Post (Bangkok, Thailand)

| September 05, 2002 | COPYRIGHT 2002 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Sep. 5--Attracting foreign institutional investors to the local bond market and strengthening the role of non-bank financial institutions will be crucial for the development of the capital markets in the future, according to Thirachai Phuvanat-naranubala, deputy governor of the Bank of Thailand.

Hundreds of top finance executives and regulators met yesterday on the opening day of a three-day regional conference on non-bank financial institutions (NBFIs), sponsored by the Securities and Exchange Commission and the World Bank.

NBFIs cover a broad range of institutions, from finance and securities companies to mutual funds, provident funds and insurance ...

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