SPEECH - In the speech titled 'Disclosure and corporate governance - Challenges in Moving Ahead' Shanmugaratnam said "We have made good progress in the four years since we embarked on a shift towards disclosure-based regulation. Our listed companies have raised their standards of disclosure." He also said that the vast majority of them have improved their scores on the Business Times Corporate Transparency Index.

Speech by Mr Tharman Shanmugaratnam, Senior Minister of State For Trade & Industry