18 Oct 2011

Philippines Companies Sign Integrity Pact

Philippine companies have signed today an integrity pledge with government agencies. The measure is part of recent anti-corruption efforts by the government, aiming at ultimately improving the business environment in the country.

Close to 700 firms, including major national and multinational corporations, took part in the agreement to promote and abide by ethical and business standards.

President Aquino reminded businessmen who took part in the initiative that the pledge was not enough to fight corruption, and that they had also to do their part and refrain from tax evasion.

For the full article on reuters.com, please click here. The picture above is from the website of the Philippine House of Representatives.