Jul. 2 – In preparation for the integration of the ASEAN Economic Community (AEC) in 2015, the Philippines has begun to take additional measures to improve the corporate governance of its local companies by fully implementing the use of the ASEAN Corporate Governance Scorecard (ACGS). The ACGS is an ASEAN-wide scorecard used to evaluate companies[…..]
Investors have complained that the somewhat drastic minimum wage hikes amongst ASEAN nations have hurt the market in terms of global competitiveness. In this article we will discuss the impact of recent minimum wage changes in Indonesia on conducting business in the country.
Jun. 11 – The ASEAN Capital Markets Forum (ACMF) and the Asian Development Bank recently established a joint initiative called the ASEAN Corporate Governance Scorecard. Corporate governance refers to the system of governance which controls and directs corporations, and monitors their actions and policies. The stated objective of the ASEAN Corporate Governance Scorecard is to:[…..]
Jun. 7 – From June 4 to 6, Singapore hosted ASEAN’s Customs Directors to greater facilitate regional coordination of their customs operations. The directors will be working to further integrate their customs processes. The customs meeting provides an annual forum to discuss strategy and policy for all ASEAN customs operations. “The meeting is an annual[…..]
May 23 – A recently released report from the International Fund for Agricultural Development and the World Bank has found that remittance inflows from every Southeast Asian country have significantly increased from 2000 to 2012. The Philippines, in particular, has benefitted the most, and the report adds that remittances sent by Filipino migrants in 2012[…..]
May 9 – The 18th Meeting of the ASEAN Coordinating Committee on Customs (CCC) opened this week at the Clark Freeport Zone in the northern Philippine province of Pampanga. During the key note presentation, Philippine Customs Commissioner Ruffy Biazon highlighted the important role played by the various customs agencies in Southeast Asia in establishing a[…..]
In the fourth and final part of our ASEAN-India Free Trade Area analysis, we will examine trade trends and statistics from India to Thailand, Singapore and Malaysia.