ASEAN has played an important role in facilitating regional economic integration in Asia Pacific. While ASEAN has established various agreements and initiatives to create a single market, such as ASEAN Free Trade Area (AFTA), ASEAN Framework Agreement on Services (AFAS), and ASEAN Investment Area (AIA), there are still shortcomings including the speed and quality of integration as well as lack of political will and institutional capacity. However, ASEAN has emerged as a hub for regional economic cooperation and free trade agreements with major countries, demonstrating its importance for trade and investment connectivity in the wider Asia Pacific region.
Towards inclusive and sustainable growth in the ASEAN economic communityOECDglobal
Presented at an event hosted by the OECD "Countdown 2015: Towards Inclusive and Sustainable Growth in the ASEAN Economic Community" at the 2014 World Economic Forum
The document discusses ASEAN integration and the challenges facing regional integration from a Philippines perspective. It outlines ASEAN's goals of establishing a single market and production base by 2015, including the free flow of goods, services, investments, capital, skilled labor and priority sectors. However, it notes that fully realizing these goals faces challenges, such as differences in development levels among ASEAN countries, inadequate infrastructure, and the need for further tariff reductions and elimination of non-tariff barriers. Overall, the document provides an overview of ASEAN's economic integration progress and goals for 2015, while also acknowledging the ongoing challenges in further advancing regional cooperation and integration.
The document outlines a vision for ASEAN's economic integration by 2030, with the goal of realizing a "borderless economic community." It identifies key challenges such as reducing development gaps, boosting competitiveness, and managing natural resources. Specific policy options are proposed to strengthen macroeconomic coordination, promote equitable growth, foster innovation, and improve ASEAN's institutional framework. The overall message is that ASEAN needs bold reforms and cooperation initiatives to achieve its aspirations of a prosperous, resilient, inclusive, competitive and harmonious economic community by 2030.
Presentation by ERIA's Senior Policy Fellow, Tan Sri Dr Rebecca Fatima Sta Maria, former Secretary General of Malaysia's Ministry of International Trade and Industry. In this presentation, Dr Rebecca talks about ASEAN's path towards an integrated region and community, the opportunities and challenges faced by ASEAN Economic Community (AEC), as well as ASEAN Centrality.
ASEAN has played an important role in facilitating regional economic integration in Asia Pacific. While ASEAN has established various agreements and initiatives to create a single market, such as ASEAN Free Trade Area (AFTA), ASEAN Framework Agreement on Services (AFAS), and ASEAN Investment Area (AIA), there are still shortcomings including the speed and quality of integration as well as lack of political will and institutional capacity. However, ASEAN has emerged as a hub for regional economic cooperation and free trade agreements with major countries, demonstrating its importance for trade and investment connectivity in the wider Asia Pacific region.
Towards inclusive and sustainable growth in the ASEAN economic communityOECDglobal
Presented at an event hosted by the OECD "Countdown 2015: Towards Inclusive and Sustainable Growth in the ASEAN Economic Community" at the 2014 World Economic Forum
The document discusses ASEAN integration and the challenges facing regional integration from a Philippines perspective. It outlines ASEAN's goals of establishing a single market and production base by 2015, including the free flow of goods, services, investments, capital, skilled labor and priority sectors. However, it notes that fully realizing these goals faces challenges, such as differences in development levels among ASEAN countries, inadequate infrastructure, and the need for further tariff reductions and elimination of non-tariff barriers. Overall, the document provides an overview of ASEAN's economic integration progress and goals for 2015, while also acknowledging the ongoing challenges in further advancing regional cooperation and integration.
The document outlines a vision for ASEAN's economic integration by 2030, with the goal of realizing a "borderless economic community." It identifies key challenges such as reducing development gaps, boosting competitiveness, and managing natural resources. Specific policy options are proposed to strengthen macroeconomic coordination, promote equitable growth, foster innovation, and improve ASEAN's institutional framework. The overall message is that ASEAN needs bold reforms and cooperation initiatives to achieve its aspirations of a prosperous, resilient, inclusive, competitive and harmonious economic community by 2030.
Presentation by ERIA's Senior Policy Fellow, Tan Sri Dr Rebecca Fatima Sta Maria, former Secretary General of Malaysia's Ministry of International Trade and Industry. In this presentation, Dr Rebecca talks about ASEAN's path towards an integrated region and community, the opportunities and challenges faced by ASEAN Economic Community (AEC), as well as ASEAN Centrality.
The document discusses ASEAN economic integration, including the establishment of the ASEAN Economic Community (AEC) aimed at creating a single market. It outlines key elements of the AEC including free flow of goods, services, investment, capital and skilled labor. It also discusses major ASEAN trade agreements related to economic integration such as the ASEAN Free Trade Area, ASEAN Framework Agreement on Services, and ASEAN Investment Area. The main objective of the AEC is to create a highly competitive economic region with free flow of trade and investment.
The document provides an overview of the ASEAN Economic Community (AEC). Key points:
- The AEC aims to create a single market and production base through several measures including eliminating tariffs and non-tariff barriers, liberalizing trade in services, facilitating investment flows, and promoting freer movement of skilled labor.
- Significant progress has been made in reducing tariffs, with over 99% eliminated between ASEAN-6 countries. Attention is now turning to reducing non-tariff barriers.
- Other areas of integration include mutual recognition agreements for professionals, liberalizing rules for foreign investment, harmonizing intellectual property rights, and strengthening regional connectivity through infrastructure.
- The long-term vision is for
Presentation by Ong Keng Yong, Ambassador-at-Large, Singapore
“Looking Towards ASEAN community 2015: Constraints, Obstacles and Opportunities” seminar on 21 April 2011 at Chulalongkorn University
The document discusses the ASEAN Economic Community (AEC) which will be established in 2015. It provides background on ASEAN countries and outlines the goals of the AEC to create a single market and production base. This will involve removing tariffs and other trade barriers, and allowing the free flow of goods, services, investment, capital and skilled labor. The AEC is expected to benefit businesses through increased trade and investment opportunities, but will also increase competition which businesses will need to prepare for. Food industries may face both opportunities from a larger market and challenges from greater competition in the AEC.
The document discusses free trade agreements (FTAs) in Southeast Asia and how they are utilized by exporters in the region. Some key points:
- Usage rates of existing FTAs among exporters in ASEAN countries like Singapore, Malaysia, Indonesia and Vietnam are surprisingly low, averaging only 26%.
- While most exporters see FTAs as important for their businesses' future success, many do not take advantage of them due to the complexity of agreement terms and lack of clarity on benefits.
- Existing FTAs have focused mainly on tariff reductions but have not significantly reduced non-tariff barriers; more comprehensive agreements are needed to truly liberalize trade.
- Exporters have high hopes that new
Building ASEAN Community 2015: From Ten to One by Mr. Chea SocheatSocheat Chea
The document provides an overview of the ASEAN Economic Community (AEC), including its goals, pillars, and progress toward establishment. Key points:
- AEC aims to transform ASEAN into a single market and production base to make the region more competitive and achieve equitable economic development.
- It is built upon four pillars: a single market and production base, competitive economic region, equitable economic development, and integration into the global economy.
- Progress toward the 2015 goal has been made with tariff elimination and trade facilitation measures, but full implementation of services and investment liberalization remains a work in progress.
- Challenges include narrowing development gaps, ensuring consistency among regional trade agreements, and strengthening
This document discusses the opportunities and challenges of the ASEAN Economic Community (AEC). It provides background on ASEAN's formation in 1967 in response to conflicts, communism, and low economic development. The AEC aims to create a single market and production base. Key opportunities include access to a large combined market and strategic location. However, challenges include non-tariff barriers, development gaps between members, and incomplete implementation of AEC agreements. Overall the AEC aims to promote peace, stability, and improved living standards across Southeast Asia.
The document outlines ASEAN's roadmap for economic integration by 2020, including the creation of an ASEAN Economic Community with free flow of goods, services, investment and capital. It discusses the AFTA agreement from 1992 that aims to promote the region as a single production unit through tariff elimination. The ultimate goal is the ASEAN Economic Community by 2020 across three pillars of cooperation. It also notes both favorable and risks of economic integration, as well as monetary and financial integration efforts like the ASEAN Surveillance Process and Chiang Mai Initiative.
Towards the Asean Economic Community 2015 and beyondOECDglobal
The document outlines key points from discussions at the OECD Southeast Asia Regional Forum on small and medium enterprise (SME) policy. It discusses SMEs as the third pillar of the ASEAN Economic Community and progress made on the ASEAN SME Strategic Action Plan. Key takeaways from the ASEAN SME Policy Index are presented, including the need for a good regulatory environment, access to finance, technology, international markets, and support services to promote SME development. Challenges around establishing ASEAN benchmarks and a post-2015 action plan to operationalize SME policies are also noted.
Asean economic community presentation stephanie akuntansi A unj 2016stephaniejessey
The document discusses the ASEAN Economic Community (AEC) and its implications for Indonesia. It provides background on the AEC, which aims to create a single market and production base, competitive economic region, equitable economic development, and greater economic integration globally. This presents both opportunities and challenges for Indonesia, including increased trade and investment but also risks of greater competition and potential job losses. To take advantage of the AEC, Indonesia must improve its infrastructure, human resources, language skills, product quality and quantity, and develop sustainable products. Careful management is needed to handle emerging risks and ensure collaboration between government and businesses.
It is a full presentation about the economy of the Southeast Asia.
Acknowledgement : this presentation stems from two parts, firstly, it's my own made presentaion from collecting data from many sources such as world bank, UN statistics, and ADB. Also, it's conglomeration of many slide presentation, especially, about the financial situation in region from many academicians. It is my grateful to say Thanks for all of the presentation.
The document discusses the Indo-Asean Free Trade Agreement (FTA). Some key points:
- The FTA aims to eliminate tariffs between India and ASEAN nations over a period of time through normal and sensitive tracks, with rules of origin requiring a minimum 35% value addition within ASEAN/India.
- It allows for non-tariff measures and safeguards by member countries. Tariff reductions will benefit certain Indian exports and imports from ASEAN nations.
- India's exports to ASEAN grew from $19 billion in 2008-2009 to $18 billion in 2009-2010, while imports increased from $25 billion to $26 billion over the same period. Specific industries may face
The establishment and implementation of the ASEAN Economic Community (AEC) in 2015 is a major milestone in the regional economic integration agenda in ASEAN. it offers opportunities in the form of a huge market of US$2.6 trillion and over 622 million people. In 2014, AEC was collectively the third largest economy in Asia and the seventh largest in the world.
The AEC Blueprint 2025, adopted by the ASEAN Leaders at the 27th ASEAN Summit on 22 November 2015 in Kuala Lumpur, Malaysia, provides broad directions through strategic measures for the AEC from 2016 to 2025. Along with the ASEAN Community Vision 2025, and the ASEAN Political-Security Community (APSC) Blueprint 2025 and the ASEAN Socio-Cultural Community (ASCC) Blueprint 2025, the AEC Blueprint 2025 forms part of ASEAN 2025: Forging Ahead Together. It succeeded the AEC Blueprint (2008-2015), which was adopted in 2007.
This document discusses the challenges facing real estate practitioners with the establishment of the ASEAN Economic Community set to launch in 2015. Key points include:
- ASEAN will establish a single market and production base to facilitate the free flow of goods, services, investment, capital and skilled labor between 10 member countries covering 4.5 million square kilometers and 600 million people.
- By 2015, tariffs for most goods will be eliminated. Non-tariff barriers, trade facilitation measures and standards harmonization will also be important to achieve free flow of goods.
- Free flow of services will mean few restrictions for ASEAN services suppliers operating across borders, subject to domestic regulations. Professional qualifications will also be worked on for
Princes, Ambassadors and the Future of Southeast Asia: ASEAN, 2015 and Free T...Edelman Indonesia
The politics of the time was wonderfully complex – the Chinese community in Sarawak rejected Sarawak’s incorporation into Malaya after Sarawak’s improbable and originally British ‘white Rajahs’ ceded their nominally independent Kingdom to the His Britannic Majesty in just 1946 – while, in parallel, Communism seemed on the rise across Southeast Asia. Writing as a Brit myself, I am also aware that almost exactly forty years ago, in Jakarta, the Indonesians burned down our embassy; largely in protest at Britain’s corralling a hotchpot of British Imperial possessions in Southeast Asia to become the Malay Federation.
The document discusses the ASEAN Community Councils and the three pillars that comprise the ASEAN Community - the ASEAN Political-Security Community, ASEAN Economic Community, and ASEAN Socio-Cultural Community. It provides details on the goals and blueprints for each pillar, which aim to promote political stability, equitable economic development, and enhance social well-being among ASEAN countries. Key areas of focus include establishing a single market, liberalizing trade and investment, protecting human rights, narrowing development gaps, and investing in education and healthcare.
โครงการเตรียมความพร้อมเข้าสู่ประชาคมอาเซียนจังหวัดเพชรบุรี
ในวันพฤหัสบดีที่ 13 มิถุนายน 2556 เวลา 08.0016.30น.
ณ ห้องประชุมแก้วเจ้าจอม วิทยาลัยพยาบาลพระจอมเกล้า จังหวัดเพชรบุรี
the project prepares the readiness reaches Association of Southeast Asian Nations province Phetchburi community ,
in Thursday at 13 June 2556 08.0016.30 times o'clock ,
at , conference glass king's concubine room , nurse monk Chom Klao college ,
Phetchburi province ,
This document outlines the ASEAN Economic Community Blueprint. Its goals are to establish ASEAN as a single market and production base, accelerate economic integration, and realize the ASEAN Economic Community by 2015. Key characteristics of the AEC include a single market and production base, a competitive economic region, equitable economic development, and a region fully integrated into the global economy. It lays out actions to achieve free flow of goods, services, investment, capital and skilled labor within ASEAN.
Peering into Thailand's Startup Ecosystem by Ardent Partner Tee SuraphongchaiArdent Capital
Ardent Capital Partner and Head of Ventures, Tee Suraphongchai, examines Thailand's Startup Ecosystem including why Thailand, a market overview, an analysis of the current Thai startup ecosystem, and growth and future opportunities.
The document discusses ASEAN economic integration, including the establishment of the ASEAN Economic Community (AEC) aimed at creating a single market. It outlines key elements of the AEC including free flow of goods, services, investment, capital and skilled labor. It also discusses major ASEAN trade agreements related to economic integration such as the ASEAN Free Trade Area, ASEAN Framework Agreement on Services, and ASEAN Investment Area. The main objective of the AEC is to create a highly competitive economic region with free flow of trade and investment.
The document provides an overview of the ASEAN Economic Community (AEC). Key points:
- The AEC aims to create a single market and production base through several measures including eliminating tariffs and non-tariff barriers, liberalizing trade in services, facilitating investment flows, and promoting freer movement of skilled labor.
- Significant progress has been made in reducing tariffs, with over 99% eliminated between ASEAN-6 countries. Attention is now turning to reducing non-tariff barriers.
- Other areas of integration include mutual recognition agreements for professionals, liberalizing rules for foreign investment, harmonizing intellectual property rights, and strengthening regional connectivity through infrastructure.
- The long-term vision is for
Presentation by Ong Keng Yong, Ambassador-at-Large, Singapore
“Looking Towards ASEAN community 2015: Constraints, Obstacles and Opportunities” seminar on 21 April 2011 at Chulalongkorn University
The document discusses the ASEAN Economic Community (AEC) which will be established in 2015. It provides background on ASEAN countries and outlines the goals of the AEC to create a single market and production base. This will involve removing tariffs and other trade barriers, and allowing the free flow of goods, services, investment, capital and skilled labor. The AEC is expected to benefit businesses through increased trade and investment opportunities, but will also increase competition which businesses will need to prepare for. Food industries may face both opportunities from a larger market and challenges from greater competition in the AEC.
The document discusses free trade agreements (FTAs) in Southeast Asia and how they are utilized by exporters in the region. Some key points:
- Usage rates of existing FTAs among exporters in ASEAN countries like Singapore, Malaysia, Indonesia and Vietnam are surprisingly low, averaging only 26%.
- While most exporters see FTAs as important for their businesses' future success, many do not take advantage of them due to the complexity of agreement terms and lack of clarity on benefits.
- Existing FTAs have focused mainly on tariff reductions but have not significantly reduced non-tariff barriers; more comprehensive agreements are needed to truly liberalize trade.
- Exporters have high hopes that new
Building ASEAN Community 2015: From Ten to One by Mr. Chea SocheatSocheat Chea
The document provides an overview of the ASEAN Economic Community (AEC), including its goals, pillars, and progress toward establishment. Key points:
- AEC aims to transform ASEAN into a single market and production base to make the region more competitive and achieve equitable economic development.
- It is built upon four pillars: a single market and production base, competitive economic region, equitable economic development, and integration into the global economy.
- Progress toward the 2015 goal has been made with tariff elimination and trade facilitation measures, but full implementation of services and investment liberalization remains a work in progress.
- Challenges include narrowing development gaps, ensuring consistency among regional trade agreements, and strengthening
This document discusses the opportunities and challenges of the ASEAN Economic Community (AEC). It provides background on ASEAN's formation in 1967 in response to conflicts, communism, and low economic development. The AEC aims to create a single market and production base. Key opportunities include access to a large combined market and strategic location. However, challenges include non-tariff barriers, development gaps between members, and incomplete implementation of AEC agreements. Overall the AEC aims to promote peace, stability, and improved living standards across Southeast Asia.
The document outlines ASEAN's roadmap for economic integration by 2020, including the creation of an ASEAN Economic Community with free flow of goods, services, investment and capital. It discusses the AFTA agreement from 1992 that aims to promote the region as a single production unit through tariff elimination. The ultimate goal is the ASEAN Economic Community by 2020 across three pillars of cooperation. It also notes both favorable and risks of economic integration, as well as monetary and financial integration efforts like the ASEAN Surveillance Process and Chiang Mai Initiative.
Towards the Asean Economic Community 2015 and beyondOECDglobal
The document outlines key points from discussions at the OECD Southeast Asia Regional Forum on small and medium enterprise (SME) policy. It discusses SMEs as the third pillar of the ASEAN Economic Community and progress made on the ASEAN SME Strategic Action Plan. Key takeaways from the ASEAN SME Policy Index are presented, including the need for a good regulatory environment, access to finance, technology, international markets, and support services to promote SME development. Challenges around establishing ASEAN benchmarks and a post-2015 action plan to operationalize SME policies are also noted.
Asean economic community presentation stephanie akuntansi A unj 2016stephaniejessey
The document discusses the ASEAN Economic Community (AEC) and its implications for Indonesia. It provides background on the AEC, which aims to create a single market and production base, competitive economic region, equitable economic development, and greater economic integration globally. This presents both opportunities and challenges for Indonesia, including increased trade and investment but also risks of greater competition and potential job losses. To take advantage of the AEC, Indonesia must improve its infrastructure, human resources, language skills, product quality and quantity, and develop sustainable products. Careful management is needed to handle emerging risks and ensure collaboration between government and businesses.
It is a full presentation about the economy of the Southeast Asia.
Acknowledgement : this presentation stems from two parts, firstly, it's my own made presentaion from collecting data from many sources such as world bank, UN statistics, and ADB. Also, it's conglomeration of many slide presentation, especially, about the financial situation in region from many academicians. It is my grateful to say Thanks for all of the presentation.
The document discusses the Indo-Asean Free Trade Agreement (FTA). Some key points:
- The FTA aims to eliminate tariffs between India and ASEAN nations over a period of time through normal and sensitive tracks, with rules of origin requiring a minimum 35% value addition within ASEAN/India.
- It allows for non-tariff measures and safeguards by member countries. Tariff reductions will benefit certain Indian exports and imports from ASEAN nations.
- India's exports to ASEAN grew from $19 billion in 2008-2009 to $18 billion in 2009-2010, while imports increased from $25 billion to $26 billion over the same period. Specific industries may face
The establishment and implementation of the ASEAN Economic Community (AEC) in 2015 is a major milestone in the regional economic integration agenda in ASEAN. it offers opportunities in the form of a huge market of US$2.6 trillion and over 622 million people. In 2014, AEC was collectively the third largest economy in Asia and the seventh largest in the world.
The AEC Blueprint 2025, adopted by the ASEAN Leaders at the 27th ASEAN Summit on 22 November 2015 in Kuala Lumpur, Malaysia, provides broad directions through strategic measures for the AEC from 2016 to 2025. Along with the ASEAN Community Vision 2025, and the ASEAN Political-Security Community (APSC) Blueprint 2025 and the ASEAN Socio-Cultural Community (ASCC) Blueprint 2025, the AEC Blueprint 2025 forms part of ASEAN 2025: Forging Ahead Together. It succeeded the AEC Blueprint (2008-2015), which was adopted in 2007.
This document discusses the challenges facing real estate practitioners with the establishment of the ASEAN Economic Community set to launch in 2015. Key points include:
- ASEAN will establish a single market and production base to facilitate the free flow of goods, services, investment, capital and skilled labor between 10 member countries covering 4.5 million square kilometers and 600 million people.
- By 2015, tariffs for most goods will be eliminated. Non-tariff barriers, trade facilitation measures and standards harmonization will also be important to achieve free flow of goods.
- Free flow of services will mean few restrictions for ASEAN services suppliers operating across borders, subject to domestic regulations. Professional qualifications will also be worked on for
Princes, Ambassadors and the Future of Southeast Asia: ASEAN, 2015 and Free T...Edelman Indonesia
The politics of the time was wonderfully complex – the Chinese community in Sarawak rejected Sarawak’s incorporation into Malaya after Sarawak’s improbable and originally British ‘white Rajahs’ ceded their nominally independent Kingdom to the His Britannic Majesty in just 1946 – while, in parallel, Communism seemed on the rise across Southeast Asia. Writing as a Brit myself, I am also aware that almost exactly forty years ago, in Jakarta, the Indonesians burned down our embassy; largely in protest at Britain’s corralling a hotchpot of British Imperial possessions in Southeast Asia to become the Malay Federation.
The document discusses the ASEAN Community Councils and the three pillars that comprise the ASEAN Community - the ASEAN Political-Security Community, ASEAN Economic Community, and ASEAN Socio-Cultural Community. It provides details on the goals and blueprints for each pillar, which aim to promote political stability, equitable economic development, and enhance social well-being among ASEAN countries. Key areas of focus include establishing a single market, liberalizing trade and investment, protecting human rights, narrowing development gaps, and investing in education and healthcare.
โครงการเตรียมความพร้อมเข้าสู่ประชาคมอาเซียนจังหวัดเพชรบุรี
ในวันพฤหัสบดีที่ 13 มิถุนายน 2556 เวลา 08.0016.30น.
ณ ห้องประชุมแก้วเจ้าจอม วิทยาลัยพยาบาลพระจอมเกล้า จังหวัดเพชรบุรี
the project prepares the readiness reaches Association of Southeast Asian Nations province Phetchburi community ,
in Thursday at 13 June 2556 08.0016.30 times o'clock ,
at , conference glass king's concubine room , nurse monk Chom Klao college ,
Phetchburi province ,
This document outlines the ASEAN Economic Community Blueprint. Its goals are to establish ASEAN as a single market and production base, accelerate economic integration, and realize the ASEAN Economic Community by 2015. Key characteristics of the AEC include a single market and production base, a competitive economic region, equitable economic development, and a region fully integrated into the global economy. It lays out actions to achieve free flow of goods, services, investment, capital and skilled labor within ASEAN.
Peering into Thailand's Startup Ecosystem by Ardent Partner Tee SuraphongchaiArdent Capital
Ardent Capital Partner and Head of Ventures, Tee Suraphongchai, examines Thailand's Startup Ecosystem including why Thailand, a market overview, an analysis of the current Thai startup ecosystem, and growth and future opportunities.
The document discusses the ASEAN Economic Community (AEC) and its goals of establishing a single market and production base in Southeast Asia. It summarizes that while the AEC aims to liberalize trade and investment, it is not as ambitious as the European Union and does not establish a common market or supranational institutions. Completing the AEC will provide significant economic benefits by boosting intra-ASEAN trade and investment. However, the AEC faces challenges fully liberalizing services, investments, and skilled labor mobility. Mega-regional trade agreements like the TPP and RCEP could further boost growth in ASEAN, but the AEC remains important for ASEAN integration and centrality in the Asia-Pacific region.
The document provides an overview of the translation market in Vietnam, including opportunities and challenges. It notes that the translation industry in Vietnam is valued at around $100 million with over 500 translation companies. While the market is growing, translation quality and standards need improvement. The formation of the Vietnam Association of Translation Industry (VATI) aims to strengthen the industry and help address issues like low rates, lack of quality standards, and inadequate recognition of translation's importance. VATI plans activities to raise the industry's value and connect local companies internationally as Vietnam's economy integrates further within ASEAN and the TPP.
This document summarizes a conference held by EuroCham Vietnam to promote investment in tourism and hospitality projects in central Vietnam. EuroCham Vietnam is the European Business Association in Vietnam that lobbies on behalf of European businesses. The conference discussed the need to attract more foreign investment in Vietnam's tourism sector given declining FDI. Speakers recommended Vietnam improve its business environment through more transparent laws and procedures to attract investors who expect a level playing field and consistent rules. Vietnam must change its mindset and view tourism as a competitive industry requiring effective planning and private-sector engagement.
The document discusses the progress and challenges of establishing the ASEAN Economic Community (AEC) by 2015. Key points include:
- Tariffs have been largely eliminated among ASEAN members, though non-tariff barriers remain. Services integration is progressing more slowly.
- Infrastructure development, including transport and digital connectivity, lags behind economic integration goals.
- Implementation of AEC measures to establish a single market has faced challenges due to differences in members' development levels.
- ASEAN continues to engage major partners through regional trade agreements, but building consensus among members with varying priorities has proven difficult.
Ardent capital and_thailand_investments_2014-01-15_v3Shaen PD
This presentation discusses investment opportunities in Thailand. It notes that Southeast Asia has a large population that is growing rapidly, with internet penetration also exploding. Despite political instability in Thailand, the economy has continued growing. Bangkok in particular has large social media and ecommerce markets. The presentation outlines the growth of smartphone usage and online retail in Thailand and Southeast Asia. It argues that Thailand provides a good environment for startups and investment due to its large market size, economic growth, and educated workforce. Specific investment opportunities mentioned include ecommerce enablement platforms like aCommerce.
Why Thailand is a Great Place to Build and Launch Your StartupArdent Capital
Deck by aCommerce CEO, Paul Srivorakul on Thailand's growing startup ecosystem and possible opportunities for entrepreneurs looking to enter Southeast Asia.
Lawyer in Vietnam Dr. Oliver Massmann ASEAN's New Direction - Opportunities f...Dr. Oliver Massmann
This document is a presentation about opportunities for German companies in ASEAN given the establishment of the ASEAN Economic Community (AEC). It begins with an introduction to the AEC, including its goals of creating a single market and production base to attract foreign investment and increase intra-ASEAN trade. Country backgrounds are then provided for Vietnam, Cambodia, and Myanmar, highlighting economic growth opportunities and challenges in each. The presentation concludes by emphasizing the benefits for investors of doing business in the ASEAN region.
The document summarizes a marketing mission organized by TeAM to assist Malaysian small and medium enterprises (SMEs) expand their business into China. The mission will involve visits to Guangzhou, Dongguan, and Shenzhen over 3 days, with meetings and presentations scheduled with local industry associations and companies in the information and communications technology sector. The goal is to help Malaysian SMEs develop partnerships, identify business opportunities, and gain an understanding of operating in China. Travel and logistical details are also provided.
SharpFede Communicator is a mobile communication application that centralizes all communication mediums on one device and links them to a user’s mobile number. Unlike the competition, SharpFede has an extremely intuitive user interface, has a familiar SMS-based curation style, is comparatively small in size, incorporates standard social features that have largely been ignored and can be installed on virtually any device/appliance that has an interactive display panel.
Mike Pfister looks at investment promotion and facilitation in Southeast Asia and draws lessons for the update of the OECD Policy Framework for Investment currently underway. This presentation was made at the Southeast Asia Regional Forum in Bali, Indonesia, on 24-26 March 2014.
Find out more at http://www.oecd.org/daf/inv/investment-policy/seasia.htm - http://www.oecd.org/daf/inv/mne/pfi.htm - http://www.oecd.org/globalrelations/seaforum.htm
This document summarizes the findings of a survey conducted on startup ecosystems in Laos in 2016. The objectives of the survey were to understand the current situation of startup ecosystems in Laos, provide guidance to potential startups, and identify ways to build better startup ecosystems. The survey involved interviews with existing startups, community groups, government authorities, investors and others across three provinces. Key findings included differing understandings of what constitutes a startup, minimal startup support activities, low awareness of startups, incomplete startup ecosystem stakeholders, and limitations in areas such as funding, infrastructure and laws/regulations. Recommendations focused on promoting awareness, developing mentorship programs, improving infrastructure, organizing networking events, providing incentives and developing laws/regulations
Understanding the startup ecosystem of VietnamTri Dung, Tran
This document provides an overview of Vietnam's startup ecosystem. It describes Vietnam's population, workforce, GDP, and economic growth. The population has a golden structure that is young, enthusiastic, and dynamic. Confucianism influences Vietnamese culture and emphasizes hierarchy, face-saving, and relation-based business. Vietnam has over 3,000 startups, 40 coworking spaces, 70 VC funds, and 130 mentors and angel investors. It analyzes the startup ecosystems in three main cities - Ha Noi, Da Nang, and Ho Chi Minh City - and provides details on their economies, industries, incubators, accelerators, and investors. The document concludes with background on the author, their investment interests, and an
Investment policy reform in Myanmar, presentation by Aung Naing Oo, Director ...Carly Avery
Investment policy reform in Myanmar, presentation by Aung Naing Oo, Director General, DICA, Ministry of National Planning and Economic Development, Myanmar. October 2013.
Investment policy reform in Myanmar, presentation by Aung Naing Oo, Director General, DICA, Ministry of National Planning and Economic Development, Myanmar. October 2013.
Visit: www.oecd.org/daf/inv/investment-policy/investment-policy-reform-in-myanmar.htm
Globalization has led to changes in work and organizations. Post-Fordist principles include flexible production, outsourcing of non-core functions, and focus on brands and marketing. Multinational corporations have decentralized production globally through export processing zones with lower labor costs. This increases competition and weakens worker bargaining power. Successful organizational transformation in response to globalization requires a clear vision, leadership commitment, process reengineering, funding for change, and performance metrics aligned with the new strategy. Both incremental and radical approaches can be used, depending on the scale of change needed.
The CEO&CIO CLUB is Vietnam's first non-profit organization for chief executive officers and chief information officers. Established in 2007, it aims to connect its over 240 members through information sharing, technology discussions, and networking events. The Club partners with 20 leading IT companies and provides members opportunities to learn from industry leaders, exchange ideas, and receive business benefits through training programs and member discounts.
MCRB, Myanmar Responsible Tourism Initiative (MRTI) and Hanns Seidel Foundation (HSF) cohosted a second Communities and Tourism Conference in Naypyidaw on 13/14 June.
Read more: http://www.myanmar-responsiblebusiness.org/news/communities-and-tourism-conference-2017.html
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Forum on ASEAN Economic Integration, by PCCI Muntinlupa
1. Bienvenido “Nonoy” Oplas Jr.
Minimal Government Thinkers, EFN Asia, SEANET
Synthesis of Discussions,
“ASEAN Integration Forum”
Forum organized by the
Philippine Chamber of Commerce and Industry (PCCI)
Muntinlupa City Chapter, and
City Government of Muntinlupa
Vivere Hotel, Muntinlupa, 20 February 2015
2.
3. Population, Million 1995 2015
Estimate
% Increase
Indonesia 194.8 255.1 31.0
Philippines 68.4 101.4 48.3
Vietnam 72.0 91.6 27.2
Thailand 59.5 68.9 15.8
Myanmar n.a. 51.8
Malaysia 20.7 31.0 49.8
Cambodia 10.8 15.5 44.0
Laos 4.9 7.0 44.3
Singapore 3.5 5.5 57.1
Brunei 0.3 0.4 46.0
Total 434.8* 628.3 44.5*
NOTE: All tables below I added/supplied to add more facts to what
panel speakers have said. Only Ruy Moreno gave powerpoint.
4. Elvie Sanchez-Quiazon, President, PCCI Muntinlupa City
• PCCI preparing local businesses for
ASEAN integration
• Only city that has a competitiveness
center
• Foreign chambers coming, friends
from Singapore, Germany, here,
• Mayor’s focus is on education
• How to optimize the integration
• Do we have enough infrastructures,
skilled labor
• Free trade will benefit consuers
• What will be the country’s competitive
advantage?
• Muntinlupa to be the investment
destination as goal
5. Jaime Fresnedi, Mayor, Muntinlupa City
• Vision, to develop Muntinlupa as a
competitve, business friendly city
• Difficulty in attracting FDIs
• WB’s “Doing Business” annual
report, PH has low rank.
• Cost of doing business in
Muntinlupa being slashed, renewal
of business permit cut the steps
• Launched the Competitiveness
Center with PCCI Muntinlupa
• ASEAN integration eliminates trade
barriers
• We should have a better chance at
success
6. Panel speakers, from left: Cindy Jarabata, Tony Abad, Ruy
Moreno, Roger Lamb, Arlene Dorayu, Bodo Goerlich.
7. Atty. Tony Abad, TA Associates
• ASEAN integration is about business
• People may think of it as discomfort, threats
• So much good things happening outside, somehow we’re left,
now we have to take advantage, enjoy shared prosperity,
• PH has always been protectionist, time to turn around
• Integration is already there. What we see are legalities
formalizing it
• But our local laws and regulations don’t match
• Open up business, remove barriers and legal impediments
• 3 pillars of integration: socio cultural community, security and
political stability, and economic community, AFTA in goods
• 99% of all goods intra-traded are at zero percent
• Services, intangibles, tourism, hotel, BPOs
• Movement of capital with the least hassle, harmonize system
• Competition law is needed, protect the consumers
• No need to bribe officials to keep monopoly, ensure efficiency
and competitiveness
• 3-4 years from now, we will see positive changes down the line.
8. Inter-ASEAN Tariff, Percent
2010 2014 2015
Vietnam n.a. 6.46 n.a.
Cambodia 4.84 5.72 n.a.
Laos 1.38 0.78 0.48
Myanmar 1 0.55 0.20
Philippines 0.18 0.13 0.11
Malaysia 0.41 0.05 0.05
Indonesia 0.06 0.04 0.03
Thailand 0.01 0.01 0.01
Brunei 0 0 0
Singapore 0 0 0
ASEAN Trade in Goods Agreement (ATIGA) tariff rates for inter-ASEAN trade.
ASEAN member states (AMS) to eliminate import duties on all products traded
among them by 2010 for the ASEAN-6 (Brunei, Indonesia, Malaysia,
Philippines, Singapore, Thailand) and by 2015, with flexibility to 2018, for
Cambodia, Laos, Myanmar and Vietnam (CLMV).
Source: Tariff
Commission,
Philippines
9. ASEAN Exports, in Billion US$
2000 2013 Multiple
Singapore 137.95 410.28 3.0
Malaysia 98.23 228.45 2.3
Thailand 69.15 224.91 3.3
Indonesia 62.12 182.55 2.9
Vietnam 14.48 132.14 9.1
Philippines 38.08 56.70 1.5
Brunei 3.91 11.43 2.9
Myanmar 1.96 11.20 5.7
Cambodia 1.40 6.53 4.7
Laos 0.33 2.26 6.8
2000 2013 Multi
ple
China 249.2 2,209.63 8.9
Japan 479.32 714.93 1.5
S. Korea 172.27 559.63 3.2
Hong
Kong
201.86 458.96
2.3
Taiwan 151.46 303.74 2.0
Source: ADB, Key Indicators of Asia and the Pacific 2014
The Multiple, 2013 over 2000, is not part of the ADB data; added only in this
paper.
10. Ruy Moreno, National Competitiveness Council
• PH geographically well-situated
• PH improved rannking WB-IFC, WEF, TI, HF
• Heritage Foundation, 89th in 2014, 76th in 2015, +13 gain
• WEF,2010-2014, +33 gains in global rank, from 85th to 52nd.
• Global Innovation index, 91 to 100, -9, from 2011-14
• From national to regional and city competitiveness, but difficult
to get data
• Propose creation of regional competitiveness committees,
composition 50-50 public-private leaders
• From 20th century mindset: protectionist, isolationist, no
continuity
• To 21st century mindset: globalization, supply chain, FTAs:
AEC, WTO, JPEPA, TPP, ASEAN-HK,
• PPP, public to simplify procedures, private to execute
• Think big, operate small; no more silos, teamwork
• Competition never sleeps, bar always rises, speed to reform,
maintain momentum
11. Cindy Jarabata
• We’ve been out for a long time, we are now in
• Tourism, PH only 4.6 M visitors, low vs neighbors’
• Tourism about 7% of GDP, but foreign tourism not that big
• Domestic tourism is real driver, 24-25M in 2013, 12-18%
annual growth
• Budget airlines, RORO, contributed to high dom. tourism
• Demographic dividends
• 64(?) branded hotels in, 5-10 years global operators coming in
• Entertainment City is promising. Consolidated strategy
• Opportunities, airports need to improve, other infra
• Weekender visitors not only locals, laready include Malaysians,
other neighboring Asians
• We should be our own ambassadors and invite friends abroad
• Beyond facebook, join instagram
• Integration is harmonization
• Businessmen complaints, hard to do business here.
14. Roger Lamb, British Chamber of Commerce
• Lack of good infrastructures
• Ease of doing business, we are still too low in global rank
• Constitutional issues, banning foreign competition in some
industries
• ASEAN integration will not change that, only local consti
change
• European Economic Community, free movement of people,
capital, transparent laws
15. Arlene Dorayu
• Agree with the points by previous speakers
• Benefits of integration need to be shared to the communities,
inclusive growth
• Local preparedness, do we have enough infra, low electricity
costs
• Education, how responsive is HR development
• Need for continued dialogue of local governments with
investors and consumers, constituents
• Responsiveness of city govt to business facilitation, including
urban zoning policy
• Institutions, organizations like academe, encourage their local
involvement.
16. Bodo Goerhlich, German Chamber of Commerce
• Comptitiveness is 2-way
• Problems: BPOs sustainable? We help bring companies
from Europe to establish here, need well trained people
• Upgrade the skills of local people so EU companies can
hire/use them
• Problem how govt treats big companies; paperwork and
requirements getting more difficult
• More registrations, permits required
• Foreign chambers report to their countrymen, and PH
already has low FDI in the ASEAN
• More Europeans would like to come but in the news are
typhoons, earthquuakes, violence
• No direct flight to europe except Manila-London by PAL
• Costly and time consuming for Europeans to come here as
tourists, so they go to Phuket, Bali, Malaysia
• Unchain the business.
17. Trade Bureaucracies
Trading
across
borders
(rank)
Docs. to
import
(number)
Time to
import
(days)
Cost to import
($ per
container)
Singapore 1 3 4 440
Malaysia 11 4 8 560
Thailand 36 5 13 760
Brunei 46 5 15 770
Philippines 65 7 15 915
Indonesia 62 8 26 647
Vietnam 75 8 21 600
Myanmar 103 8 22 610
Cambodia 124 9 24 930
Laos 156 10 26 1,910
Source: WB-IFC, Doing Business 2015 Report
Ease or Unease of international trade, ASEAN:
18. Panel exchanges
Abad: treat people with ease and comfort, they will come in and
come back; Remove or reduce the restrictions
Moreno: challenge in leadership, public and corporate,
especially the frontline, like city hall. Do the extra mile in public
service
Jarabata: construction is expensive here; Meralco, take ages to
get electricity. Muntinlupa is not a tourist destination; look for a
niche, a brand for business ease
Moreno: SEC registrations/paperwork rising. But in the
Transparency International (TI) data, there is improvement, a
decline in corruption perception. Getting locals’ permit can create
uncertainty. Example, huge gold mine project (Tampakan) that
pass all national requirements, but provincial govt opposed open
pit mining, it’s not operating. business uncertainty.
19. Open Forum (1)
(1) Eng’g, other education, how developed?
• Moreno: foreign professionals are indeed restricted here
• Abad: we are obsessed with exporting our services but fending
off foreign services and professionals here
• Harmonization of services and professionals, mutually
recognized agreements (MRAs), so if they are already licensed
in Thailand, they can practice in the PH, etc.
• Moreno: not only in ASEAN but also in APEC
• Jarabata: global designs, we are not that high out there,
(2) Influx of massive investments, etc., impact on locals, how they
can adapt?
• Moreno: “we have to protect” has been uttered many decades
ago, face the competition and move on
20. Open Forum (2)
(3) How about the sari sari stores type?
• Moreno: jeepneys since 1945, now 2015, time to move on
• Abad: outside world will find their way in, we need to face it and
be more prepared,
• Need to lower taxes, highest income tax in the region but among
the worst infrastructure
• Integration will serve as benchmark; open up more opportunities
for the locals actually
• All econ integration in the world yielded positive results
• Gradual, not sudden influx; we are a globalized country
(4) Taxation, do we have enough incentives say for manufacturing?
• Moreno: more than taxes, high power/electricity costs affect
manufacturing, how to reduce it
• Connectivity is improving, BPOs as proof
• Property development, in other countries government leads,
private sector follows; somehow reverse in the PH
• Abad: nationwide simple rules will encourage investments.