ASEAN

Melissa Luz T. Lopez, Businessworld, Jan. 25, 2017 THE PHILIPPINES has made the biggest jump ahead of the planned banking sector integration across Southeast Asia, Fitch Ratings said, even as it noted that moves in the region are still far from hitting the goal of a unified financial framework in the next three years.

http://www.straitstimes.com/world/europe/rising-risks-to-asean-from-messy-brexit-talks Dec 20, 2016 The shock Brexit vote on June 23 has so far generated more uncertainty than actual disruption to the global economic and political environment.

BY RAADEE S. SAUSA, TMT, SEPTEMBER 24, 2016, http://www.manilatimes.net/ph-is-3rd-top-asean-destination-for-growing-us-companies/287570/ THE Philippines has emerged as one of the top markets for future business expansion by US companies in the 10 member the Association of Southeast Asian Nations (Asean), according to a study released on Friday.

RUI HAO PUAH, 27 JUN, 2016, http://www.newmandala.org/brexit-means-asean/?platform=hootsuite The split between the UK and EU will have economic, political and psychological repercussions for Southeast Asia. On 23 June, the United Kingdom comprising England, Wales, Scotland and Northern Ireland, voted to leave the European Union. The final result saw 51.9 per cent of voters choosing to leave…

PETCHANET PRATRUANGKRAI, THE NATION, June 27, 2016, http://www.nationmultimedia.com/business/Asean-to-press-RCEP-to-cut-tariffs-on-92-of-goods-30289152.html ASEAN countries will propose to the 16 member states of the Regional Comprehensive Economic Partnership (RCEP) to eliminate tariffs on 92 per cent of trade in goods to promote economic integration of the grouping soon.

by Ben O. de Vera, @BenArnolddeVera, Philippine Daily Inquirer, May 16th, 2016 THE ECONOMY likely expanded at a faster pace during the first quarter partly on the back of election spending, but the incoming administration must put clarity as far as its economic agenda was concerned to sustain robust growth for the rest of the…

By Lawrence Agcaoili (The Philippine Star), May 4, 2016, http://www.philstar.com/business/2016/05/04/1579478/imf-outlook-2016-philippine-growth-seen-fastest-asean MANILA, Philippines – The economic growth in the Philippines would remain robust on the back of resilient domestic demand, the International Monetary Fund (IMF) said.

Global firms’ business optimism in the Philippines for the first quarter of the year is higher than the average Asean rate, a global business survey show.

The Philippines will remain one of the fastest-growing countries in East Asia and the Pacific despite a “modest” easing in economic expansion in the region in the next three years, a new World Bank report showed.

The road to the establishment of the ASEAN Community began in 2003 through the Declaration of ASEAN Concord II in Bali, Indonesia, otherwise known as the Bali Concord II. In 2003, with the increasing interdependence between and among ASEAN countries and as a response to the ASEAN Financial Crisis, the ASEAN members declared the establishment…

The Regional Report on Nutrition Security in ASEAN highlights the challenges of child nutrition in the region, including the double burden of malnutrition

World Leaders React to Trade Agreement ATLANTA — The United States, Japan and 10 other Pacific Rim nations on Monday reached final agreement on the largest regional trade accord in history, teeing up what could be the toughest fight President Obama will face in his final year in office: securing approval from Congress.

Come ASEAN integration by yearend, the Philippines will have the most uninviting tax system in the region MANILA, Philippines – The 19-year-old personal and corporate income tax systems of the Philippines are the “most uninviting and out of date” among the Association of the Southeast Asian Nations (ASEAN) economies, several economists said.

THE Philippines is spearheading the preparation of a new strategic plan for tourism in the Association of Southeast Asian Nations (Asean), and is bent on including gender parity and inclusive growth as regional objectives. This developed as the Department of Tourism (DOT) believes the integration of the Asean into one economic community will help boost…

FILIPINO business leaders are on tenterhooks on how best to respond to the challenges, uncertainties and opportunities posed by the implementation this year of the integration of the Association of Southeast Asian Nations into a single economic community.

SANTIAGO CITY, Isabela – Herculano “Joji” Co, longtime president of the Philippine Confederation of Grains Associations (Philcongrains), says his counterparts in the Asean continue to wonder why subsidy has become a dirty word among Filipino officials.

Philippine colleges and universities have to make ‘hard decisions’ whether to increase graduate programs, or develop niches in the undergraduate programs in order to produce the manpower needed in the ASEAN region

Philippines has become ASEAN’s moral compass through its commitment to democracy, the rule of law, good governance, freedom of speech and association, economic transparency, and international law

One way Philippine businesses can increase their value is through better treatment of employees, which can lead to ’employee retention and employee productivity’

We know our place in the world. We are the port of last resort, and have little to offer the Rohingya beyond a separate peace. Yet I write this with pride, in the hope that there will always be a cluster of islands southwest of the Pacific, where no ship in need is called unwanted.

‘What was great about the Philippines making the offer was it was about humanitarian concern, and not having a common religious identity’ MANILA, Philippines – The Philippines is not directly involved in the Rohingya migrant crisis but its openness to accept the refugees prodded its neighbors to finally welcome the sick, starving boat people to…

The Philippines is expected to lead the Association of Southeast Asian Nations (ASEAN) in terms of growth and development in property development on the heels of figures showing the real estate market was able to sustain its momentum in the first quarter of 2015.

MANILA, Philippines — The Philippines has the highest unemployment rate among members of the Association of Southeast Asian Nations (Asean), according to a report of the International Labor Organization (ILO) published in 2014.

MANILA, Philippines – Filipino business leaders were found to be the most optimistic in Southeast Asia and the third most bullish in the world as prospects for the economy remain bright, a Grant Thornton International business report showed. Punongbayan & Araullo, which released the results yesterday, said 86 percent of the Filipino businessmen who participated…

MANILA—ASEAN members need to go beyond commerce and financial assistance to address factors that impede the achievement of the Millennium Development Goals (MDGs) as well as post-2015 development priorities, according to the National Economic and Development Authority (NEDA). Economic Planning Secretary Arsenio M. Balisacan, during his opening speech at the ASEAN Regional Assessment Workshop on…

IN our last conversation, we focused on the first two education priorities of Asean 2015. What we suggested were a mix of Asean-related activities in and outside formal classes, extending our reach to our various communities through civic engagement. Also as academics, that we enhance our scholarship on the Filipino through literature written by Filipinologists.…

The Philippine economy will be Southeast Asia’s growth leader this year on the back of more aggressive government spending, according to the International Monetary Fund (IMF).

Experts say even the ASEAN integration should take the route of inclusive growth, or else it will do more damage than good MANILA, Philippines – Unless the ASEAN economic integration takes the road of inclusive growth, the vulnerable sectors of society will be left behind.

MANILA – The Philippines is seen to benefit the least from trade and investment cooperation among ASEAN nations, a Korean trade expert said. Park Bun Soon, a professor at Hongik University in Seoul, said the Philippines’ trade with other ASEAN countries accounted for only 19.1 percent of its total trade.

MANILA, Philippines–Despite the healthy growth seen over the past several years, the Philippines’ overall economic performance in the last three decades has remained “poor” compared to other member states of the Asean as it continued to lag behind its neighbors in terms of growth rates, trade relations and investments.