Tag Archives: Myanmar

ILN Today Post

09 JAN – ASEAN Today – Regional Legal and Business News – December 2017

Blockchain Technology
A recent report by a global business consulting firm argues that ASEAN will be the top investment destination in the region by 2025, replacing China, and that disruptive trends in the logistics sector will boost ASEAN’s position as a leading business hub. The report states that it expects blockchain to influence ASEAN’s supply chain management the most. A blockchain facilitates secure online transactions and is a continuously growing list of records linked and secured using cryptography. Blockchain use in the ASEAN region will help boost the logistics industry, accelerate trade growth, and support the rapid adoption of digital technology.

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ILN Today Post

ASEAN Today – Regional Legal and Business News for August 2017

50 Years of ASEAN
The Association of Southeast Asian Nations (ASEAN) turned 50 this month. In the last half century, the region has become the world’s sixth-largest economy with intra-regional trade totaling US$550 billion in 2015. To date, ASEAN’s greatest economic achievement is tariff reduction. The average percentage of tariff elimination for all ASEAN member countries was 96% in 2016 and is expected to be 98.7% in 2017. However, the growth of non-tariff measures has tripled in the last 15 years. To address the challenges in completing the implementation of the ASEAN Economic Community (AEC), ASEAN will pursue trade liberalization and behind-the-border reforms, policy harmonization, and integration of national single windows for cargo clearance into the ASEAN Single Window.

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ILN Today Post

The Dej-Udom & Associates Thailand ASEAN Newsletter for May 2016

New UN Report
In its latest Economic and Social Survey for the Asia Pacific, the United Nations (UN) is optimistic about the ASEAN Economic Community (AEC), but warns that the AEC is facing significant challenges at present. The report says that two of the region’s main challenges are the slowdown of exports and the region’s dependence on the Chinese economy. China is the largest export market for Singapore and Thailand, and the export of goods to China from Laos and Vietnam make up 20% of their national output. Other challenges include the differences in the development gaps, income inequality and unemployment, and rising household and corporate private debt.

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ILN Today Post

The Dej-Udom & Associates Newsletter for September 2015

COUNTDOWN 2015 – ASEAN Economic Community

Immediate AEC Benefits
In a new report, a global commercial real estate company maintains that the ASEAN Economic Community (AEC) integration will immediately benefit the member states’ industrial sectors and their local office and retail property markets. According to the report, more multinational companies (MNCs) and small and medium enterprises (SMEs) will be established in the AEC to take advantage of its benefits, in particular the regional logistics market which is expected to develop and grow. With the influx of new MNCs and SMEs, there will then be higher demand for industrial and office space in the ASEAN countries and subsequent growth in local supply.

SME Financing
A leading regional bank says that due to poor access to financing, few of Asia’s small and medium sized enterprises (SMEs) have the opportunity for the strong, sustainable growth needed to become part of the global supply chain. The bank says that overall in 20 Asian countries, 96% of all registered firms are SMEs which employ 62% of the labor force, but only contribute 42% of the economic output. To combat the problem, the bank recommends more access to bank credit and more involvement from the region’s governments to make it easier for SMEs to access new financing options like supply chain finance.

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ILN Today Post

Myanmar – Oil and Gas Update

Myanmar possess largely untapped reserves of natural resources, in particular oil and gas both onshore and offshore.  With recent liberalisations and changes to the Foreign Investment climate, Myanmar has become a key part of most oil and gas firms forward strategy.  In this briefing we comment on recent developments in the oil and gas sector. More…

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