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In contrast, Transparency International reported the Philippines as a "significant decliner" in score for the region in 2021 and 2022; the country dropped to a score of 33 in those years from its 2014 high of 38. [11] [12] The 2023 Corruption Perceptions Index scored the Philippines at 34. When ranked by score, the Philippines ranked 115th ...
Corporate transparency describes the extent to which a corporation's actions are observable by outsiders. This is a consequence of regulation, local norms, and the set of information, privacy, and business policies concerning corporate decision-making and operations openness to employees, stakeholders, shareholders and the general public.
Media outlets frequently use the raw numbers as a yardstick for government performance, without clarifying what the numbers mean. The local Transparency International chapter in Bangladesh disowned the index results after a change in methodology caused the country's scores to increase; media reported it as an "improvement". [23]
The Anti-Red Tape Authority (ARTA [a]) is a Philippine government agency mandated to ensure ease of business among all agencies of the Philippine government.It was created through Republic Act No. 11032 or the "Ease of Doing Business and Efficient Government Service Delivery Act", which was passed on May 28, 2018.
An anti-money laundering law called the Corporate Transparency Act, or CTA, is now back in action after a Dec. 23 court ruling that will require millions of small business owners to register with ...
eFreedom of Information "transparency seal" required to be displayed on government agencies websites. The Electronic Freedom of Information (eFOI) website was launched on November 25, 2016. [7] It is an online request platform open to the public that facilitates requests for data and information from various government agencies. [5]
Governance Commission for Government-Owned or -Controlled Corporations (GCC) is a government agency of the Philippines created by Republic Act 10149 or the Governance Act of 2011. It is the central policy-making, advisory, and regulatory body in regards to the operations and management of state-owned companies , designated as Government-owned ...
The Corruption Perceptions Index is the best known of these metrics, though it has drawn much criticism [77] [79] [80] and may be declining in influence. [81] In 2013 Transparency International published a report on the "Government Defence Anti-corruption Index". This index evaluates the risk of corruption in countries' military sector. [82]