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Asean inches closer to economic integration

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The Association of Southeast Asian Nations (Asean) has inched closer, albeit at a slower pace, toward the establishment of the Asean Economic Community (AEC) with less than a year and a half until the self-imposed due date of end-2015.

Posted: September 1st, 2014 in Headlines | Read More »

PH ranked 5th biggest in Asean as of end-2013

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GDP growth

The Philippines emerged as the fifth biggest economy among the 10-member states of the Association of Southeast Nations in 2013, based on the country’s gross domestic product (GDP) at current prices which stood at $269 billion, data from the Asean showed.

Posted: August 30th, 2014 in Headlines,Latest Business Stories | Read More »

Simplify trade process for SMEs, DTI urges Asean

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Trade Secretary Gregory L. Domingo. FILE PHOTO

The Philippines will push anew for the simplification of rules and processes during a regional economic ministers’ meeting in Myanmar, to allow local small- and medium-sized enterprises (SMEs) to benefit from free trade agreements and the liberalization of cross-border flows throughout the region.

Posted: August 26th, 2014 in Headlines,Latest Business Stories | Read More »

Philippines has lowest FDI percentage among Asean members

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Philippine Economy. AP FILE PHOTO

The Philippines has the lowest Foreign Direct Investments (FDI) among the countries in Association of Southeast Asian Nations (Asean), according to 2014 United Nations Human Development Report released Wednesday.

Posted: August 20th, 2014 in Latest Business Stories,Uncategorized | Read More »

PH agriculture seen as loser in Asean bloc

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The Philippine agriculture sector may end up as one of the “losers” in the forthcoming economic integration of the 10 member states of the Association of Southeast Asian Nations (Asean), unless the government is able to provide the necessary infrastructure to pump up the sector.

Posted: August 7th, 2014 in Headlines | Read More »

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