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Prosperity Fund launched the project Promoting a Fair Business Environment in ASEAN

The Prosperity Fund Southeast Asia Economic Reform Programme supports the UN Development Programme to help establish a fairer business environment in ASEAN.

Prosperity Fund launched the project

The United Kingdom has just announced a partnership with the UN Development Programme (UNDP) and a group of pioneering ASEAN countries (Indonesia, Malaysia, Myanmar, Philippines, Thailand, and Vietnam) to back the strength of these ideas.

Our initiative ‘Promoting a Fair Enabling Environment in ASEAN’ aims to create a virtuous cycle of prosperity that ensures everyone shares the fruits of economic growth. By promoting transparency the project hopes to see citizens claim their rights and hold governments accountable, for example by monitoring major public infrastructure projects.

We will also work with pioneers in the private sector that are willing to champion good governance, for example by introducing equal opportunities for men and women in the workplace and guaranteeing a minimum representation of women in company’s executive boards. These are just illustrations of what we would like to achieve, as solutions emerge through the ingenuity fostered by commerce.

We believe that this collective effort has the power to ensure more inclusive growth, and encourage businesses to fulfil their potential and their responsibilities to society.

Published 7 September 2018
Last updated 11 September 2018 + show all updates
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