Supporting business ethics

Department of Trade and Industry (DTI) Undersecretary Zenaida C. Maglaya (third from left) poses with her fellow speakers, namely Department of Public Works and Highways (DPWH) Secretary Rogelio L. Singson (second from left), Department of Budget and Management Secretary Florencio B. Abad (second from right) and Ayala Corporation Chairman Jaime Augusto Zobel De Ayala (leftmost) during the Asia-Pacific Economic Cooperation (APEC) Business Ethics for Small and Medium Enterprises for the Construction and Engineering Sector on September 18, 2014 at the Faimont Hotel in Makati City. Through public and private sector collaboration, the workshop intends to develop a comprehensive and collective action to support business ethics in the engineering and construction sectors. In her speech during the workshop, Maglaya expressed the Philippines’ support in developing ethically conscious businesses that follow transparent procedures and fair competition in bidding for engineering construction contracts. She added that governments’ commitment in adhering to principles of transparency and accountability is fundamental to sustainable social and economic development and robust regional economic development. Joining them in the photo are Ms. Lynn Costa, United States Department of Commerce Senior Trade Development Advisor and Mr. Philip Vaughn, Fluor Senior Director for Government Relations. (DTI-PRU)