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(Eagle News) — The Association of Southeast Asian Nations Economic Community (AEC) has a new deputy secretary general. Dr. Aladdin Rillo of the Philippines assumed the post previously held by DSG Lim Hong Him of Brunei Darassalam on Monday. His term will end in 2021. Rillo previously worked as a senior economist at the Asian Development Bank Institute in Tokyo, Japan where he administered capacity-building training on development issues, among others. https://youtu.be/OVIvZ2xwAF4
MANILA, Philippines (Eagle News) — May tiyansa nang matuloy ang pagpapatayo ng subway sa Metro Manila, na nakikitang solusyon sa matinding problema sa trapiko lalo na sa kahabaan ng EDSA. Nagkasundo na kasi ang Pilipinas at Japan para sa planong pag-utang ng bansa para sa subway project. Pagkatapos ng bilateral meeting sa pagitan nina Pangulong Duterte at Japanese Prime Minister Shinzo Abe, isinapinal na nina Foreign Affairs Secretary Alan Peter Cayetano at Japanese Ambassador Kojie Haneda […]
Ni Meanne Corvera Eagle News Service Malaki raw ang magiging pakinabang ng ekonomiya ng Pilipinas sa pagiging host ng 30th Association of Southeast Asian Nations. Sinabi ni ASEAN business advisory council chair Joey Concepcion na posibleng bumirit ang pagnenegosyo sa Pilipinas lalo na ang mga small at medium enterprises. Sa pamamagitan kasi ng summit magkakaroon ng palitan ng impormasyon sa nangyayaring kumpetisyon sa kalakalan. Naniniwala si Paynor na malaki ang maitutulong ng mga ganitong summit […]
(Eagle News) — With a market which is even bigger than that of the United States, the Association of Southeast Asian Nations (ASEAN) is working vigorously toward integrating the region’s economies to bring the benefits of growth to the 650 million people in this 10-nation bloc. This was how Finance Secretary Carlos Dominguez III explained the “compelling” reason to implement the ASEAN goal of a single market and production base under the ASEAN Economic […]
Department of Trade and Industry Secretary Adrian S. Cristobal Jr., said Japanese manufacturers are enticed to establish operations in the Philippines to take advantage of the country’ s preferential trade agreements with ASEAN, the European Union (EU), and the United States (US). “Our two countries can work together to take advantage of the vast opportunities for growth in the ASEAN Economic Community as well as in other large markets to which the Philippines has gained, and […]
(Eagle News) — Trade and Industry Secretary Gregory Domingo said the Philippines is well positioned for full economic integration into the ASEAN Economic Community (AEC) by next year. In a statement during the recently held Wharton and Penn Alumni Association meeting, Domingo also noted how the Philippines can surpass other ASEAN countries if it steps up efforts in improving competitiveness and the capability of local industries. He projected the Philippines to be ranked among the […]
(Reuters) — Economic Ministers of 10 member states of the Association of Southeast Asia Nations (ASEAN) kicked off a three-day meeting in Malaysia on Saturday (August 22). The meeting was hosted by Malaysia. The 47th ASEAN Economic Ministers’ Meeting and related meetings are to deliberate on the implementation of the ASEAN Economic Community (AEC) measures, especially the completion of commitments agreed to under the AEC 2015 Blueprint. The 10 nation bloc is set to announce […]
(Courtesy ASEAN Secretariat) — The ASEAN Economic Community (AEC) is envisioned to be the realization of ASEAN economic integration by 2015. To guide the establishment of the AEC 2015, the AEC Blueprint was adopted in 2012 and serves as a master plan by underlining a strategic schedule of priority actions to be undertaken by the ASEAN Member States. The establishment of the AEC 2015 is being pursued under four pillars. The first pillar envisions ASEAN […]
Trade Advisory Group chief and World Trade Organization (WTO) panelist Atty. Antonio Abad further gives insights on the prospects for the Philippines when ASEAN integration comes in next year. In this episode of ASEAN in Focus (Nov. 28), Abad also talks about basic economics and what would be happening with the establishment of an ASEAN economic community. Abad said the “positives definitely outweigh the negatives” for the Philippines when ASEAN becomes a regional economic hub […]
(Eagle News Service) — Starting 2015, the whole ASEAN region will be moving towards the ASEAN economic community (AEC) wherein there will be a single market economy with free movement of goods, services and investments throughout the 10-member nations of the ASEAN. It would be the culmination of the regional grouping’s economic efforts since the 1990s. There are two conflicting views emerging in the Philippines on whether or not the country is ready for economic […]
“The need to better inform SMEs or small and medium-sized enterprises about the developments of the ASEAN Economic Community has been raised repeatedly by high-level ASEAN bodies including the ASEAN Economic Ministers Meeting. The question on how this can be achieved is now slowly being answered. One of these attempts to answer this question was addessed when representatives from the ASEAN SME Agencies Working Group (SMEWG), the ASEAN Secretariat, and private sector bodies at the […]
Author: Jayant Menon, Asian Development Bank (Courtesy East Asia Forum) — Launched as a political bloc and security pact in the aftermath of the Vietnam War, ASEAN has evolved to embrace an ambitious economic agenda. Its latest project is to establish the ASEAN Economic Community (AEC) by 31 December 2015. But is this likely? The blueprint for achieving the goal envisages the AEC standing on four pillars and meeting the deadline depends on progress on each of them. […]
