Indonesia, Thailand Asia's 'most corrupt'
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A survey of business executives has reported that Indonesia and Thailand are perceived as Asia's most corrupt economies.
According to the survey by the Political and Economic Risk Consultancy, last year's most corrupt country, the Philippines, has made a marked improvement.
Singapore and Hong Kong retain their top two rankings as the region's least corrupt economies. however there are concerns about private-sector fraud.
Despite the negative perception of Indonesia, the consultancy notes there has been headway in fighting the problem under President Susilo Bambang Yudhoyono.
But it says the absolute scores show corruption in the public and private sectors is still very high.
The March results are based on more than 1,700 responses from 14 Asian economies plus Australia and the United States.
According to the survey by the Political and Economic Risk Consultancy, last year's most corrupt country, the Philippines, has made a marked improvement.
Singapore and Hong Kong retain their top two rankings as the region's least corrupt economies. however there are concerns about private-sector fraud.
Despite the negative perception of Indonesia, the consultancy notes there has been headway in fighting the problem under President Susilo Bambang Yudhoyono.
But it says the absolute scores show corruption in the public and private sectors is still very high.
The March results are based on more than 1,700 responses from 14 Asian economies plus Australia and the United States.
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