Tag Archives: securities and exchange

ILN Today Post

Dej-Udom & Associates Newsletter – March 2016

ASEAN Economic Community News

US-ASEAN Connect
The United States and the leaders of the 10 ASEAN member countries launched the US-ASEAN Connect, an economic cooperation initiative, during last month’s leadership summit in California. The initiative has four pillars. Business Connect to support increased commercial engagement between U.S. and ASEAN businesses in regionally important sectors. Energy Connect to assist in the development of power sectors using sustainable and innovative technologies. Innovation Connect to support Southeast Asia’s entrepreneurs through policy support, technical support, and knowledge exchange. Policy Connect to support ASEAN in creating a stable policy environment favorable to trade and investment. The US government also agreed to establish centers in Singapore, Jakarta, and Bangkok to support the initiative and coordinate US economic engagement in ASEAN.

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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

Dej-Udom & Associates Newsletter August 2015

The Dej-Udom & Associates monthly newsletter covering Thailand and the ASEAN region for August 2015

COUNTDOWN 2015 – ASEAN Economic Community

RCEP Breakthrough
At the 47th Meeting of the ASEAN Economic Ministers held this month in Kuala Lumpur, Malaysia, significant progress was made on the pending Regional Comprehensive Economic Partnership (RCEP). The RCEP is the proposed free trade agreement between the ASEAN member states and Australia, China, India, Japan, South Korea and New Zealand. Past obstacles were overcome during the meeting and now the RCEP agreement could be finalized by 2016. Of note at the meeting, all parties to the RCEP agreed to immediately zero-rate 65% of all tariff lines when the agreement takes effect and have 80% zero-rated within 10 years after.

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