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Thai companies need better governance as foreign funds pour in

Two insider cases rock market, highlighting fight against illegalities

Data from UBS showed that foreign investors' share of Thai equities reached over 40% in the second and third quarters of 2019.   © Reuters

BANGKOK -- As the Thai market matures and attracts more overseas money, companies are being held to higher standards of corporate governance, owing to the close scrutiny of asset quality by long-term international investors.

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