Singapore Institute of Directors launched accreditation framework to raise competencies
2023-08-07
Mr. Chee Siew Fai Has Been Appointed as a Partner at FOZL Assurance PAC
2023-08-11
On August 2, 2023, the National University of Singapore Business School announced that the Singapore Governance and Transparency Index (SGTI) scores of companies in the general category increased to 74.8 points in 2023, up from 70.6 in 2022.
This is the second year in a row that the score has been above 70. It also represents the largest quantum increase since 2020, when the rating jumped 8.6 points from 2019.
Professor Lawrence Loh, director of the Centre for Governance and Sustainability at NUS Business School, said the overall improvement reflects ongoing efforts by companies to promote good corporate governance practices.
The SGTI score for listed real estate investment trusts (Reits) and business trusts rose to 89.3 points, the fourth straight year that the mean score has been above 80.
FOZL Group provides one-stop corporate services to local and overseas companies, currently serving over 1,000 companies in Singapore. FOZL assist clients to register Singapore companies, and provide Accounting, Annual Return, Auditing, Tax Declaration, Trademark Registration, applying for Investment Promotion Policies, Corporate Advisory, Private Client Consultancy, establishing Family Offices and providing serviced office solutions for enterprise.
If you would like to learn more, please feel free to contact us, and we will be happy to assist you.
Follow us for latest updates!