Category: News

APEC Fosters Code Of Ethics, Trains Ethics Champions in Malaysia

KUALA LUMPUR, 26th August - As one of initiative to tackles corruption issues in public and private sector, Asia-Pacific Economic Corporation organized Train-the-Trainer Workshop for Voluntary Codes of Business Ethics in the Medical Device, Biopharmaceutical and Construction and Engineering Sectors held at the Malaysia Anti-Corruption Academy (MACA).


This is the workshop among anti corruption agencies from APEC country member which is being held to further beef up the fight against corruption issues.


The five day workshop attended by more than 200 public and private sector participants  from all 24 APEC and ASEAN economies in the medical device, biopharmaceutical, and constructions and engineering sectors. The focus was to build technical skills necessary to organize, manage and drive effective and sustainable compliance programs for the region's industry associations and companies within the three sectors.


Minister in the Prime Minister Office, Senator Dato’ Paul Low Seng Kuan on his keynote address says that this workshop as a platform for anti-corruption initiatives towards related sector.


He said, today wrong perception with regards to corruption as not a form of crime by certain private sector still exist.


“ Some of them (private sectors) use it as an economic tools and there still have a double standard in private sector towards corruption issues.We aimed to make everybody collate in fighting corruption.


“We need compliance and Ethics to provide boundary in each criteria and must be back up by certain law.


“Since anti-corruption is important to industrial and I do think Small Medium Entrepreneur (SME’s) need to encourage with the law, and this coalition must be supported with a good environment,’ he said .


The APEC Train-The -Trainer Workshop follows three years of intensive activities to draft and adopt APEC Principles for Codes of Business Ethics for the three sectors, each of crucial importance to Small and Medium Enterprises (SMES) as well as their implementation among industry associations, individual companies and other relevant organizations.


CEO SME Corps Malaysia, Datuk Hafsah Hashim expressed her support toward the workshop and upcoming initiatives.


According to her, today event started with Kuala Lumpur Principles ,developed from the medical devices sector workshop in 2010.


“We thought this is good for the industry and we wanted to move forward to another level since voluntary is something people can offer.


“By having this workshop, we aim to create greater awareness among the public within APEC community. It’s important to able understand for a better ethics in order to enhance the business competitiveness.


“If there is transparency for a better understanding, the consumer, the traders as well as the businessman would be able to do a better trade.” She said during the press conference together with Paul Low, Co-Chair, The KL Principles Expert Working Group, Christopher White Project Overseer for the Business Ethics for APEC SMEs Initiative and Senior Trade Development Advisor for the U.S. Department of Commerce, Lynn Costa , along with Vice President Corporate Compliance,Fluor Corporation Construction & Engineering sector, Wendy Green  and Executive Director of The Hong Kong Association of the Pharmaceutical Industry (HKAPI) Sabrina S.K Chan.


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