Regional industry roadmaps are seen crucial in strengthening the viability and competitiveness of local businesses in light of the economic integration of Asean economies by 2015, said state think tank Philippine Institute for Development Studies (PIDS).
The Association of Southeast Asian Nations is eyeing to forge a free trade agreement with Hong Kong, which is seen to benefit the Philippines significantly.
Motor vehicle sales in seven Asean countries fell by 16 percent to 255,263 units in January this year, according to data from the Asean Automotive Federation.
On Jan. 15, 2014, Ms. Teresita Sy-Coson of the SM group of companies was the keynote speaker in the induction ceremonies of the new trustees and officers of the Financial Executives Institute of the Philippines (Finex), led by my friend and fellow avid Blue Eagles fan, president-elect Edmundo Soriano.
Investors are considering making the Philippines their gateway for their planned investments in the region, in preparation for the formation of the Asean Economic Community by 2015.
The ASEAN (Association of Southeast Asian Nations) and the United States on Friday launched two new cooperation programs worth some $30 million to further boost trade and investments in the region.
The increasing cost of power would reduce the competitiveness of the country’s rubber exporters when the Asean Free Trade Area or Afta comes into full effect, an industry source said.
The Philippine equity market again may outperform its counterparts in the region, despite the perception that local firms, saddled with slowing profit growth, have become too expensive.
Critical growth constraints, such as “inadequate infrastructure” and a “small industrial and manufacturing base” may hinder the country from fully enjoying the benefits to be had from the proposed Regional Comprehensive Economic Partnership (RCEP).
The European Union (EU) has committed to “redouble” its efforts to strengthen relations with the Association of Southeast Asian Nations (Asean) by stepping up its support to build the Asean Economic Community (AEC).
Customs officials from Association of Southeast Asian Nations members are in Manila for the 15th Meeting of the Asean Customs Procedures and Trade Facilitation Working Group at a Pasay City hotel. Their host is the Philippines’ Bureau of Customs (BOC).
The Association of Southeast Asian Nations (Asean) hopes to further strengthen trade relations among the member states, as well as with Japan, as it seeks to double the flow of goods, services and investments by 2022.
