IT is that time of the year when various countries, Malaysia included, review how they have improved their corporate governance practices.
In this, Thailand has sprung a surprise to the region by improving its corporate governance significantly despite being embroiled in political strife in recent years. The Land of Smiles is, in fact, one of the most transparent markets in Asean today, to the dismay of its neighbours, as they all compete for investment inflows from foreign fund managers.
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