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Observe highest corporate reporting standard, says Lim

Last update: 06/12/2018
 
KUALA LUMPUR, Dec 6 (Bernama) -- The corporate sector has been urged to practise the highest standard of corporate reporting and embrace transparency in order to rebuild good governance, international reputation and global goodwill, which would eventually gain investors’ confidence to invest in Malaysia.

Finance Minister Lim Guan Eng said transparency in corporate reporting promotes confidence and public trust in the capital market, which in turn drives dynamism and competitiveness of the country's capital markets.

“In promoting corporate governance in the private sector, the government also needs to ‘walk the talk’ by promoting public governance as we want to restore Malaysia’s good reputation abroad to facilitate business and investments for our economy,” he said in his speech at the National Annual Corporate Report Awards (NACRA) 2018.
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