For the SDGs to be met by 2030, public procurement needs to be inclusive, making sure that the products and services we buy are as sustainable as possible, with the lowest environmental impact and most positive social results. Enter the concept of “Sustainable Public Procurement”.
Posted on December 30, 2021
Women and youth are among the groups most affected by corruption. In the survey “The impact of corruption: perspective from millennial voices” (World Economic Forum PACI and UNODC, 2015), 72% of young respondents said corruption was holding their country back and causing lost opportunities for their generation. More than 50% felt they did not have tools needed to fight corruption in their community.
Posted on December 1, 2021
Amidst the COVID-19 pandemic, the need for efficient public procurement, especially medical procurement has become an urgency. Procuring entities are adopting emergency procedures like direct contracting and shorter bid validity periods to cope with the overwhelming requirements. These operational changes make it even more relevant to maintain transparency and accountability in a sector that is inherently prone to corruption.
Posted on September 22, 2021
The first phase of FairBiz is coming to an end. The project, supported by the UK Government, started in 2018 and involved many partners and stakeholders in ASEAN, especially companies from the private sector, many of whom have highlighted the positive impact of FairBiz on their company's operations. One such entity is Vietnam International Maritime Corporation (former Vinalines), and we are proud to present Ms Do Thanh Thuy, Vice Director of Internal Audit Department at Vietnam International…
Posted on August 13, 2021
Globally, a survey undertaken by the Association of Chartered Certified Accountants in 2019 reported that 64% of respondents highlighted bribery and corruption as key concerns for SMEs while a similar survey in Malaysia in 2018 noted that 80% of SMEs were in concurrence over the same concerns. The effects of bribery include below-par products or services and denial of licenses to operate, but these direct costs of corruption are relatively smaller than the indirect costs that face SMEs, such…
Posted on August 2, 2021