— Reuters
SINGAPORE: Temasek Holdings Pte chief executive officer Dilhan Pillay is calling for South-East Asian nations to adopt better enforcement of investor rights to attract global investments into the region.
Implementing international corporate governance may help lift the region’s private credit market, which Pillay said has lagged that of western peers.
“If you want to get the capital into the market and you want to have the same consequence as what we’ve seen in the United States where companies can be private for longer, governance is the most important thing,” Pillay said at the Asean Business and Investment Summit 2025 in Kuala Lumpur last Saturday.
“That’s so critical because that gives confidence to the investors to come in and it also gives confidence to domestic capital to stay in the market,” he said.
“That means there must also be enforcement where there’s a lack of governance.”
Temasek had a net asset value of S$434bil (US$$334bil) as of March 31. — Bloomberg
