Corruption is making Thailand the Asean black hole | Bangkok Post: business

Business > News

Graft scares away foreign investors

Surin: 'Black hole of corruption' looms

- +

Corruption threatens to turn Thailand into an investment "black hole" of Asean as it makes doing business in the country far too costly, former Asean secretary-general and Thai foreign minister Surin Pitsuwan has said. 

Surin Pitsuwan, former foreign minister and Asean secretary-general: Corruption has cost the country about 100 billion baht a year.

Mr Surin said the corruption problem has reached crisis point and must be tackled with urgency.

This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.

59 people commented about the above

Readers are urged not to submit comments that may cause legal dispute including slanderous, vulgar or violent language, incorrectly spelt names, discuss moderation action, quotes with no source or anything deemed critical of the monarchy. More information in our terms of use.

Please use our forum for more candid, lengthy, conversational and open discussion between one another.

  • Latest
  • Oldest
  • Most replied to
  • Most liked
  • Most disliked

    Click here to view more comments