New and Used Car Talk Reviews Hot Cars Comparison Automotive Community

The Largest Car Forum in the Philippines

Page 1 of 7 12345 ... LastLast
Results 1 to 10 of 66
  1. Join Date
    Dec 2005
    Posts
    481
    #1
    (From inquirer.net)

    SINGAPORE -- The Philippines is perceived by foreign businessmen as Asia's most corrupt economy, according to a survey Tuesday that also found countries were failing properly to tackle corruption.

    Singapore and Hong Kong were seen as the cleanest economies, while China, Indonesia and Vietnam posted improvements, the Hong Kong-based Political and Economic Risk Consultancy (PERC) said in a summary made available to AFP.

    Perception of corruption in Thailand worsened, with the military junta now in power after last September's coup seen as little better than the government it ousted.

    "The Philippines has the distinction of being perceived in the worst light this year," PERC said after polling 1,476 expatriate business executives in 13 countries and territories across the region in January and February.

    In a grading system with zero as the best possible score and 10 the worst, the Philippines got 9.40, worsening sharply from its grade of 7.80 last year. Indonesia had been deemed Asia's most corrupt country in 2006.

    PERC, which provides advice to private firms and governments, said it had not noted a worsening in the actual situation in the Philippines despite its deteriorating score.

    "It is bad and has been bad all along. People are just growing tired of the inaction and insincerity of leading officials when they promise to fight corruption," it said.

    The protracted corruption trial of deposed president Joseph Estrada "is an example of the problem and probably explains why respondents to our survey were so negative in their assessment" of the country.

    Thailand and Indonesia, both on a grade of 8.03, shared the spot as Asia's second most corrupt nations.

    Thailand's image worsened slightly on last year while Indonesia's score was better.

    The junta that ousted Thaksin Shinawatra as Thailand's prime minister last September promised to fight corruption "but there is no reason to be confident that its behavior will be any cleaner," PERC said.

    On Indonesia, PERC said President Susilo Bambang Yudhoyono's campaign to crack down on corruption has "produced some positive results, but he is still swimming against the current."

    The rankings of the 13 economies put Malaysia mid-table, marginally worse than last year.

    "One of the big disappointments for many Malaysians is that Prime Minister Abdullah Ahmad Badawi has not been able or willing to follow through effectively with his campaign promise to reduce corruption," PERC said.

    China and Vietnam bettered their scores, but PERC said that the improved perception was because corruption was not being discussed openly.

    "The media in both China and Vietnam is subject to tight censorship. The only bad news the governments want published is news that they see fit for public consumption," it said.

    China was the seventh most corrupt nation, according to the survey table, up two places from last year. Vietnam was in 10th place out of 13, also up two.

    India was in ninth place. PERC said the Indian government must accelerate reforms, warning that corruption can limit companies' expansion plans.

    Singapore again just beat regional rival Hong Kong as the cleanest economy, although the latter posted a sharp improvement from its image in 2006.

    PERC's managing director Robert Broadfoot told AFP this might have resulted from a perception that "the differences between Hong Kong and (mainland) China are even starker now."

    Singapore is becoming increasingly vulnerable to corruption elsewhere, the PERC report said, citing the soured investment by state-linked investment firm Temasek Holdings in Thai telecom giant Shin Corp.

    The tax-free sale of Shin Corp. to Temasek by the Thaksin family fuelled the political crisis that led to the military taking power in Thailand.

    Another problem, the report added, is that foreigners "who have profited from corruption elsewhere in Asia sometimes seek a haven for their ill-gotten gains" in Singapore, where rich Indonesian families hold massive assets.

  2. Join Date
    Mar 2005
    Posts
    8,837
    #2
    this is actually good news for moneyed foreigners.

  3. Join Date
    Nov 2005
    Posts
    45,927
    #3
    haha... most corrupt?

    Basta gumagastos ka ng malaking pera dito (like putting up a business) OR pag kumikita ka ng malaki (like the business u put up is making tons of money), mapapansin ng tao... sigurado there will be people who want a piece of the action. From barangay level, to city hall, to even the highest places in govt (depending on the amount ur spending).

    that's the way it is here. so foreigners should get used to it.

    things are not gonna change anytime soon. it's too deeprooted.

    it's almost like...culture. wait... it IS culture.

    haha
    Last edited by uls; March 13th, 2007 at 03:00 PM.

  4. Join Date
    May 2006
    Posts
    8,357
    #4
    Nakakaawa na talaga ang bansang Pilipinas Kelan kaya mawawala o mabawasan man lang ang mga kurakot na pulitiko at mga government employees.

  5. Join Date
    Oct 2002
    Posts
    13,415
    #5
    Ang lagay eh.....

    hehehe...

  6. Join Date
    Jan 1970
    Posts
    512
    #6
    Hindi na nakayanan ng Philippines ibribe ang Indonesia to take the top spot... hehe

  7. Join Date
    Nov 2006
    Posts
    391
    #7
    asa pa.. kotong cops pa lang e...

  8. Join Date
    Feb 2003
    Posts
    324
    #8
    Kelan ba awarding ceremonies? Magkano ticket ng scalpers?

  9. Join Date
    May 2006
    Posts
    6,940
    #9
    Why am I not surprised..:drunk: :drunk:

    Yung barkada ko nagbalikbayan last week, airport palang naiskoran agad. Sabi ng immagration ofcr o ser wala ka na bang naiwan? sabi ng barkada ko wala na po....Immigration officer.."wala ka na bang iiwan?,,,wala po..SAbi nang officer huh? ...Saka naalala ng barkada ko na kelangan pala ng padulas..aysus talaga.

  10. Join Date
    Jun 2006
    Posts
    625
    #10
    not surprised, as expected!!!!

Page 1 of 7 12345 ... LastLast
Philippines seen as most corrupt Asian economy--survey