27.03.2009 - Thailand urged to seize the moment and raise funds in mideast
From Nationmultimedia.com: Thailand was urged yesterday to quickly seize the opportunity to raise funds in the Middle East, where liquidity is still available amid the global recession. Given the government's budget deficits and limited access to funding sources, Islamic financing could fill the gap, said Willie Tham, CEO of HSBC in Thailand. Tham is very optimistic that investors in the Gulf region would be interested in subscribing to Islamic bonds if the government or private firms started to issue such bonds, known as sukuk. ....Full Article: Source