MANILA, Jan. 22 (UPI) -- Trace International, an anti-bribery organization, has opened an office in the Philippines to help establish transparent business practices in the region.
The opening of the office in Manila coincides with a partnership with the Makati Business Club to help bring transparent business practices to the Philippine business community and to promote a global anti-bribery and third-party compliance standards.
"We're pleased to be opening an office in Manila," said Alexandra Wrage, president of Trace. "Clearly these are difficult times and our hearts go out to those still struggling in the aftermath of Typhoon Haiyan.
"Our experience shows that during times of crisis, corruption and bribery increase alongside the outpouring of donations and goods flowing into the region. Accordingly, we look forward to working with the local business community and the Makati Business Club to address these issues should they arise and to support ongoing rebuilding efforts."
Trace International is a U.S. non-profit organization. Working with multinational companies and their commercial intermediaries they provide scalable and customized training options and risk-based due diligence and advisory services. With the Makati Business Club, it will focus on the development of integrity standards and provide foreign and local businesses in the Philippines with an internationally recognized anti-bribery compliance credential and third-party due diligence tool.