Thailand's Anti-Corruption Body Boosts Investor Confidence with New Guidelines

• The National Anti-Corruption Commission (NACC) in Thailand has issued formal guidelines to prevent and suppress corruption in business and government officials - The move aims to increase foreign investors' confidence in Thailand - A survey found that the perception of investment fraud and corruption in government agencies in Thailand was moderate in 2023 - The NACC issued eight guidelines for both local and international investors to prevent and combat corruption - The highest risk for corruption in business in Thailand is delays in providing services by civil servants - The NACC encourages the use of information technology systems to prevent corruption and assess the integrity and transparency of government agencies' operations.