Singapore companies flagged for lagging ASEAN peers in transparency

Corporate governance bodies highlight reluctance of companies to disclose information

Singapore Exchange entrance

A recent study found that among publicly listed firms in the ASEAN region, those in Singapore scored lower on corporate governance measures than those in Thailand and Malaysia.

DYLAN LOH, Nikkei staff writer

SINGAPORE -- Singapore may be a prominent financial hub in Asia, but its publicly-listed companies are continually lagging behind their peers in Thailand and Malaysia on transparency issues, according to corporate governance bodies that have flagged the shortfalls.

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