DTI-BSMED supports pro-integrity SME conference
ECONOMY >> BUSINESS, GMA News Online
June 7, 2012
The Department of Trade and Industry’s Bureau of Small and Medium Enterprise Development voiced on Thursday its support for the private sector's fight against corruption among businesses by extending assistance to the Hills Program’s conference called “Small and Medium Enterprises as a Major Force in Promoting Integrity and Accountability in Business” to be held next July at the Mandarin Oriental Hotel.
“We expect about 500 participants from Metro Manila,” said Bureau of Small and Medium Enterprise Development, or BSMED, Director Rhodora M. Leaño in a telephone interview, “These participants will come from the business community, the academe, government, and mass media.”
Leaño added that the goal of the conference is to provide a forum for the exchange of ideas on developing an enabling environment in which SMEs can operate their businesses with integrity and accountability.
Asian Institute of Management’s Hills Program on Governance, the organization behind the conference, is a project operating on a grant from the Center for International Private Enterprise.
The Hills Program aims to strengthen awareness and understanding of the social and economic costs of corruption among Philippine businesses and to generate support for anti-corruption efforts.
Aside from the conference, the DTI is also helping in the promotion of a Hills Program website “Business Fighting Corruption”.
The website is a clearinghouse for all information relating to business ethics and the control of corruption in the private sector in the Philippines.
It also provides a forum for business owners and managers to post comments and share their experiences in dealing with corruption.
According to the DTI, their efforts are focused on small and medium-sized businesses because these constitute 99 percent of registered businesses and employ approximately 70 percent of the country’s workforce.
The DTI said their efforts will benefit small and medium enterprises and consumers by significantly reducing the cost of doing business. — DVM, GMA News