Thailand outgoing regime / Indonesia beneficial ownership / Asia infrastructure transparency

PM wins poor transparency marks.  Thailand’s outgoing regime appeared to succeed in promoting transparency in procurement projects early in its tenure. However, in the last two years questions were raised over its handling of infrastructure projects, Tippatrai Saelawong, a researcher in regulatory policy said.

Mongkol Bangprapa and Aekarach Sattaburuth/Bangkok Post: https://www.bangkokpost.com/thailand/politics/1710219/pm-wins-poor-transparency-marks

 

Indonesia vows to eradicate corporate money laundering, tax evasion.  The government is set to intensify its crackdown on people hiding behind business entities for corruption, money laundering and tax evasion following the signing of an interministerial agreement on sharing information on corporations’ beneficial owners. The MoU was signed by several ministers and their representatives, including Law and Human Rights Minister Yasonna Laoly and Finance Minister Sri Mulyani Indrawati.

Kharishar Kahfi/The Jakarta Post: https://www.thejakartapost.com/news/2019/07/05/indonesia-vows-to-eradicate-corporate-money-laundering-tax-evasion.html

 

Connecting Asia.  “To sustainably develop, finance and carry out infrastructure projects, the region needs to mobilise private capital and bring policymakers, investors and industry specialists together to promote efficiency and transparency in projects that are socially responsible and commercially viable.

Tanyatorn Tongwaranan/Bangkok Post: https://www.bangkokpost.com/business/1708671/connecting-asia