The region has the fundamentals, policy and confidence as well as room for ‘easy’ growth
ASEAN is the region to be in again in 2013. After an estimated growth of 5.2 per cent in 2012, Asean’s gross domestic product or GDP (on a purchasing power parity or PPP-weighted basis) will grow 5.3 per cent this year, outpacing the International Monetary Fund’s global growth estimate of 3.6 per cent.
We expect Indonesia, the Philippines and Malaysia to match or exceed their 10-year average rates in 2013. More is also expected from Myanmar, which has made international headlines for implementing reforms, allowing it to reconnect with the world.
Confidence is high in Asean, both domestically and among foreign investors – the region attracted 7.6 per cent of global foreign direct investment in 2011 versus 4.3 per cent in 2006. Since 2000, following the crippling Asian financial crisis, Asean growth has exceeded global growth by an average of 1.5 per cent. Can the region keep running at this pace?
Nothing runs in a straight line. Business cycles still exist. But Asean certainly still has much more room to grow and catch up with the world, despite the world-beating growth rates registered over the past decade or so. The region is not yet at the stage where factors for growth have become complicated. At the most basic level, the continued urbanisation process will help to drive “easy” growth. –Edward lee, http://www.businesstimes.com.sg/premium/editorial-opinion/opinion/time-confident-asean-take-again-20130226
It’s women’s month!
“Support women every day of the year!”
Invoke Article 33 of the ILO constitution
against the military junta in Myanmar to carry out the 2021 ILO Commission of Inquiry recommendations against serious violations of Forced Labour and Freedom of Association protocols.
Accept National Unity Government
(NUG) of Myanmar.
Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideos
Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week
Women’s Week
Week 3: Philippine Industry and Made-in-the-Philippines
Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
Mar 4— Employee Appreciation Day
Mar 15 — World Consumer Rights Day
Mar 18 — Global Recycling Day
Mar 21 — International Day for the Elimination of Racial Discrimination
Mar 23 — International Day for the Right to the Truth concerning Gross Human Rights Violations and for the Dignity of Victims
Mar 25 — International Day of Remembrance of the Victims of Slavery and the Transatlantic Slave Trade
Mar 27 — Earth Hour