CSR News from around ASEAN

ASEAN Working Group on Business Integrity meets on the sidelines of the ASEAN Responsible Business Forum

The ASEAN Working Group on Business Integrity convened in a coordination meeting on 28 August 2018 at Concorde Hotel, Singapore. The closed-door meeting, which was conducted as a side event to the ASEAN Responsible Business Forum, was supported by the United Nations Office on Drugs and Crime.

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Business Integrity project launched with UK Prosperity Fund

As an implementing partner, ASEAN CSR Network (ACN) attended the High-Level Launch of the United Nations Development Programme (UNDP) Regional Project “Promoting a Fair Business Environment in ASEAN” on 23 August 2018 in Bangkok, Thailand.

Spearheaded by the UK Foreign Commonwealth Office under its new Prosperity Fund, the project aims to foster inclusive growth, prevent corruption, and promote sustainable business practices in ASEAN, particularly in Indonesia, Malaysia, Myanmar, Philippines, Thailand and Vietnam.

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ACN participates in regional seminar on private sector bribery prevention

ASEAN CSR Network (ACN) participated in the Regional Seminar on Effective Measures for the Private Sector to Prevent Bribery held from 2 to 3 August 2018 in Pattaya, Thailand.

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ASEAN Community – how can we get there?

ASEAN was formed in 1967 as a means to create a stable regional order to promote economic growth, social progress and cultural development through multilateral cooperation.

51 years later, ASEAN is not only stable but economically thriving. ASEAN is the world’s sixth largest economy. As of 2015, the 10 ASEAN member states have a combined GDP of $2.43 trillion. McKinsey & Co. predicted that by 2050 ASEAN will be the world’s fourth largest economy.

In 2015, ASEAN leaders signed a declaration to proclaim that the region is now a Community. It was the 10 member states’ way of signalling to the world how the regional grouping has crossed an important milestone together through a journey of nearly half a century.

 

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