As stock trading integration among the 10-nation bloc needs time to build infrastructure and accounting standards to the same level, the Thai bond market has managed to draw overseas companies to raise funds here, thanks to the Finance Ministry's looser credit rating requirements.
Ms Tipsuda said rising demand after the SEC allowed accredited investors to invest in unrated bonds and the public to put money into high-yield bonds also contributed to the success of Thailand in attracting more countries to issue baht-denominated bonds.
Separately, Ms Tipsuda said 10 crowdfunding portals have shown interest in applying for SEC licences to raise funds via the internet after regulations were announced in May.