Can't find what you're looking for?
View all search resultsCan't find what you're looking for?
View all search resultsControversies over the South China Sea have dominated headlines, especially after the recent decision by the Permanent Court of Arbitration, brought by the Philippines and denounced by China. But many businesses may look on more quizzically. What is the impact on the bottom line? Will prospects for ASEAN countries diminish if tensions with China escalate?
As the Association of Young Indonesian Entrepreneurs (HIPMI) prepared to send a delegation to the recent ASEAN Young Entrepreneurs Carnival and the second ASEAN Young Entrepreneurs Council Meeting in Kuala Lumpur, the question was: what’s the reason for the indifference of Indonesian youth toward ASEAN?
The four main goals of the AEC are unified market and production; competitive economic zones; development of regions; and integration with the global economy. There are eight types of workers that are free to move between ASEAN countries – accountants, architects, dentists, doctors, engineers, nurses, transportation staff and tourist officials.
Malaysian Second Minister of International Trade and Industry Ong Ka Chuan said following the establishment of the ASEAN Economic Community (AEC), some economists had predicted that the bloc would emerge as the fourth largest economy in the world by 2030, after China, India and the European Union.
In the wake of the US-ASEAN Sunnylands Summit in February, a lot has been said about how ASEAN matters to great powers. It is a historical time for US-ASEAN relations. However, in light of the recent ASEAN foreign ministers retreat in Laos, we need to ask: What does ASEAN mean to its member countries?
As ASEAN member countries compete to attract investors following the implementation of the AEC, the Indonesian government needs to simplify licensing procedures to improve its investment climate, the business community says.
Share your experiences, suggestions, and any issues you've encountered on The Jakarta Post. We're here to listen.
Thank you for sharing your thoughts. We appreciate your feedback.