Business internal controls / Thailand forest reserve / China anti-corruption concerns

-

Strong internal controls can enhance profitability.  A strong internal control system would enhance efficiency and profitability and reduce risks and costs for companies, said Brook Horowitz who was speaking at a workshop organized by UNDP and Vietnam Chamber of Commerce and Industry, on the use of internal control mechanisms and codes of conduct.

Viet Nam News: https://vietnamnews.vn/society/506536/strong-internal-controls-can-enhance-profitability.html#44HeA1e6hY6mWRZl.97

Thank you to Brook Horowitz, CEO of IBLF Global for sharing this article.

 

Questions raised over Cabinet nod for SCG use of forest reserve.  Veera Somkwamkid, secretary-general of the People’s Network Against Corruption, posted on his page that the military-installed government should have not rushed to give the corporate giant a green light, because the use of the said land plots threatened to destroy the country’s natural resources and environment.

Chularat Saengpassa and Pratch Rujivanarom/The Nation: http://www.nationmultimedia.com/detail/national/30365332

 

Anti-corruption and the rule of law remain top public concerns at China’s Two Sessions.  An online survey conducted by People’s Daily Online revealed that anti-corruption, the rule of law and social security were the top three public concerns of Chinese citizens at the second session of the 13th National People’s Congress and the second session of the 13th National Committee of the Chinese People’s Political Consultative Conference taking place in March.

Zhang Yang/The Telegraph: https://www.telegraph.co.uk/news/world/peoples-daily-online/news/china-anti-corruption/

Popular posts from this blog

The Pacific - Nepal - Eastern Europe & Central Asia

-
[Blog] How are perceptions of corruption in seven small Pacific countries? Larger Pacific Island neighbors are often garnering the lion's share of attention both from researchers and policy makers. How are the experiences of corruption in countries like Tuvalu, Tokelau, Niue, the Republic of the Marshall Islands (RMI), The Cook Islands, Palau, and Nauru? DevPolicy Blog: https://devpolicy.org/perceptions-of-corruption-in-seven-small-pacific-island-countries-20230223/   [Opinion] Two decades of new anti-corruption law in Nepal: Why it missed its mark. According to a Nepalese journalist, the Anti-Corruption law and Prevention of Corruption act of 2002 laid the foundation for numerous investigations, scandals, and court cases. To a large extent, they did however fail to enable significant conviction and return of assets. Online Khabar: https://english.onlinekhabar.com/anti-corruption-law-missing-target.html   [Blog] Growing security risks and authoritarian
Read more

Middle East & North Africa - Ukraine - Sri Lanka

-
Corruption fuels ongoing conflict. The Middle East and North Africa has been in a decline on the Corruption Perceptions Index (CPI) for years. The region is also ranked as the "least peaceful region" according to the Global Peace Index. Transparency International (TI) argues that corruption, conflict, and security are profoundly intertwined. TI: https://www.transparency.org/en/news/cpi-2022-middle-east-north-africa-corruption-fuels-ongoing-conflict   [Opinion] Ukraine's corruption purge is setting the stage for private investment-driven recovery. Corruption is regarded as a key threat to the Ukrainian economy, depriving public budgets and discouraging foreign direct investments (FDI). The current administration has taken strong anti-corruption action, and the country has witnessed a significant increase in FDI in recent years, says author. DevDiscourse: https://www.devdiscourse.com/article/business/2353089-ukraines-corruption-purge-setting-stage-
Read more

Global - Sub-Saharan Africa - Turkey & Syria

-
Invisible Trillions review: Global capitalism operates beyond the rule of law and threatens democracy. Raymond W. Baker's new book "Invisible Trillions" argues that "secrecy has become as important for corporations as transparent and taxable profits used to be". "Only radical improvements across the globe in financial transparency and accountability, and in regulatory capacity and integrity, can break this cycle of political decay and despair". The Conversation: https://theconversation.com/invisible-trillions-review-global-capitalism-operates-beyond-the-rule-of-law-and-threatens-democracy-199311   [Blog] The dynamics of violent extremism in sub-Saharan Africa. There is no better environment for the expansion of violent extremist groups than a vacuum in state authority. These groups begin to compete with the state and may even be initially attractive to communities weary of years of lawlessness, corruption, and chaos according to autho
Read more