Tag: ASEAN IN FOCUS

More foreign direct investments going into ASEAN

(Eagle News Service) — More foreign direct investments are continuing to rise in the ASEAN region, with inflows exceeding $122 billion in 2013. This was according to the latest ASEAN Investment Report (2013-2014) which was recently launched during the 4th ASEAN Investment Forum (AIF).  The ASEAN Investment Report 2013-2014 was jointly launched by the ASEAN and the United Nations Conference on Trade and Development (UNCTAD).l It highlights the continuing rise of foreign direct investment (FDI) […]

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Aquino pushes economic policy changes to “level the playing field” in preparation for ASEAN integration

  MANILA, Philippines  (Eagle News Serivice) — President Aquino stressed the importance of achieving competitiveness for the country, especially as Southeast Asian countries begin to integrate economically. He said this during the Asia-Pacific Economic Cooperation (APEC) Chief Executive Officers’ Summit in Beijing, China Sunday. The President said achieving competitiveness means making changes in the country’s policies and guidelines, to  “level the playing field” for businesses, as well as to correct the interventions between the ways and means […]

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President Aquino to leave Sunday for APEC and ASEAN Summits

MANILA, Philippines — President Aquino is set to leave the country  today, Nov. 9, for the 22nd Asia-Pacific Economic Cooperation (APEC) Leaders’ Summit in China, and for the 25th Association of Southeast Asian Nations (ASEAN) Summit in Myanmar. President Aquino, together with his official delegation, will attend first the APEC Summit in Beijing from November 9 to 11 before going to Nay Pyi Taw in Myanmar to join fellow leaders in the ASEAN Summit. “Ayon […]

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Philippine-Myanmar relations continue to strengthen — envoy

 The Philippine government has continued to improve its diplomatic relations with Myanmar, according to Philippine Ambassador to Myanmar Alex Chua.In his interview with Radio TV Malacañang, Chua said since its establishment in 1956, bilateral relations between the Philippines and Myanmar have been strengthened by high-level exchanges and active involvement of the Philippine embassy in Myanmar.Chua made the statement prior to the visit of President Benigno Aquino III in Myanmar to attend the 25th Association of […]

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Aquino to attend 25th ASEAN Summit in Myanmar

President Aquino will attend the 25th Association of Southeast Asian Nations (ASEAN) Summit that will be held in Nay Pyi Taw, Myanmar, on November 12 and 13, after attending the Asia-Pacific Economic Cooperation (APEC) Summit in China.Department of Foreign Affairs Spokesperson Charles Jose said President Aquino will be attending the 25th ASEAN Summit Plenary Session; the 12th ASEAN-India Summit; the 17th ASEAN-Japan Summit; the 6th ASEAN-UN Summit; and the 40th ASEAN-Australia Commemorative Summit.The President will […]

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Are our academic Institutions ready for the ASEAN Integration?

Based on the 2014 ranking of top universities in Asia, National University of Singapore is at the no. 1 spot (with a score of 100%).  Ranking no. 7 is another university from Singapore, the Nanyang Technological University. Sadly, only one university from the Philippines made it to the top 100 list.  This is the University of the Philippines (UP) with a rank of 63 (and a score of 60.7).  Ateneo de Manila University was ranked […]

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Timor-Leste Remains Committed to Join ASEAN

JAKARTA, 4 November 2014 – Timor-Leste remains committed to joining ASEAN and is currently rolling out measures at the national level to consolidate its bid for membership of ASEAN. This was the message conveyed by H.E. Roberto Sarmento de Oliveira Soares, Secretary of State for ASEAN Affairs of the Democratic Republic of Timor-Leste, during a courtesy call on ASEAN Secretary-General Le Luong Minh recently. According to Secretary Soares, the country’s Fifth Constitutional Government attaches great importance […]

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ASEAN Enhances Customs Transit System

JAKARTA (Courtesy ASEAN Secretary News) — In order to facilitate the transport of goods by road in ASEAN, while maintaining customs controls to protect government revenue and society, a workshop on ASEAN Customs Transit System (ACTS) Procedures was held in Jakarta on 28-29 October. Harmonised and mutually agreed customs procedures for the movement of transit cargo is seen as a cornerstone for the successful implementation of the ACTS. This project aims to develop the customs […]

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Are Filipino business enterprises ready for the ASEAN integration?

MANILA, Philippines (Eagle News Service) — Are Filipino business enterprises ready for the ASEAN integration? This was what a recent forum on the ASEAN integration, entitled the “Business of ASEAN”, tackled as it invited guests and speakers from the business sector as well as from the academe and government sector, to talk about the issue. The forum which was about preparing SMEs or small and medium-sized enterprises for regional cooperation was convened by the Asia […]

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Vietnam’s education system: still under construction

Author: David Brown, California (Courtesy East Asia Forum) — For Vietnamese youth, a university degree is the entry ticket to the middle class and a promise (often unfulfilled) of an urban professional job. Enrolment in higher education has grown from 162,000 in 1992 to over two million last year, some 25 per cent of the nation’s college-age population. Business, finance and foreign trade degrees are prized, a consequence of the Vietnamese economy’s globalisation. To meet demand […]

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Moving too slowly towards an ASEAN Economic Community

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. […]

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Initiatives to strengthen trade with key ASEAN partners gaining momentum

QUEZON CITY, 12 Oct. (PIA)- After the visit of Indonesian Vice Minister for Commerce Bayu Krishnamurti, Vietnam’s Ministry of Trade Vice Minister Tran Tuan Anh arrived recently to meet with trade officials from the Philippines. “We have been actively engaging our key ASEAN partners to provide greater market access for our exporters and SMEs. Our dialogues with Vietnam focus on expanding our market access particularly for flour and processed fish,” Undersecretary for Trade and Industry Adrian […]

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