Few Thai firms caught for bribery and illegal acts, researcher tells panel; fears for impact on development

Bribery, red tape and corruption have to be reduced before Thailand becomes non-competitive and unsuitable for many corporations, which would seek to invest elsewhere, a roundtable on corporate good governance concluded last week.Building a climate of good governance will take years and will also require the government to be less corrupt than it is, said the panellists at the seminar organised by Krungthep Turakij, a sister daily of The Nation.

Read more: The Nation