AEC - updates

Rappler's latest stories on AEC


PH to institutionalize business lessons from ASEAN neighbors

Apr 28, 2017 - 8:26 PM

Proposed new laws such as the Ease of Doing Business Act aim to put some of the practices learned from successful neighbors like Singapore into law

ASEAN ministers to raise flag vs protectionism

Apr 28, 2017 - 3:01 PM

Yes [we are] against protectionism Any move to reverse the track towards globalization it will be hard Integration should push through so trading as well as flow of goods and services will be easier Philippine Trade Secretary Ramon Lopez says

AGAINST PROTECTIONISM. 'Any move to reverse the track towards globalization, it will be hard. Integration should push through, so trading as well as flow of goods and services will be easier,' Trade Secretary Ramon Lopez says. Screenshot from Rappler livestream

Balancing profit with inclusivity key to keeping ASEAN together

Apr 27, 2017 - 8:57 PM

ASEAN Business advisory council chairman Joey Concepcion explains the formula for empowering small entrepreneurs around the region and why it is important to do so

ASEAN at 50: Golden year or mid-life crisis?

Feb 18, 2017 - 5:00 PM

Amid hits and misses ASEAN is still necessary as the issues the region is facing are so huge that no single country could deal with them alone

3 reasons for Canada's renewed interest in Southeast Asia

Feb 18, 2017 - 2:00 PM

There is geopolitical significance in what happens within the ASEAN The security profile in the region is significant to Canada says Ambassador Maria Louise Hannan first ever Canadian envoy dedicated to ASEAN

Photo by Camille Elemia/Rappler

Growing middle class, ASEAN links boost PH investment prospects

Sep 19, 2016 - 10:30 AM

HSBC Philippines chief sees greater UK investor interest in the country while the head of the Philippines’ oldest conglomerate sees the ASEAN market and its growing middle class pulling in more foreign investors

Mitsubishi to invest P4.3B to build Mirage models in PH

Feb 10, 2016 - 9:50 PM

The move allows Mitsubishi to join the CARS Program says its global chairman who met with President Aquino in Manila

Hadapi MEA, pemerintah latih 700 ribu lebih tenaga kerja

Jan 04, 2016 - 7:55 PM

Pemerintah serius menyiapkan angkatan kerja agar mampu memimpin persaingan di MEA

HADAPI MEA. Pemerintah memberikan berbagai pelatihan dan sertifikasi agar tenaga kerja kita siap menghadapi Masyarakat Ekonomi ASEAN (MEA). Foto oleh Umarul Faruq/Antara

Business in PH: The winners and losers in 2015

Dec 21, 2015 - 12:45 AM

With big ticket events like the visit of Pope Francis and the Asia Pacific Economic Cooperation APEC summit there were business sectors that gained and lost in 2015

SET TO LEAD. The Philippine economy is ready for take-off and the country needs a leader who continue reforms, implement inclusive growth initiatives and inspire the nation to be united in moving forward

David SyCip: The visionary ideas behind ASEAN integration

Nov 24, 2015 - 8:24 AM

UPDATED A look at the ideas that influenced the creation of the ASEAN single market through the thoughts and writings of local visionary David SyCip

VISIONARY. David SyCip, business leader and one of the early proponents of an ASEAN community. Photo courtesy of the SyCip family

ASEAN leaders launch single market community

Nov 22, 2015 - 1:45 PM

ASEAN chairman Malaysian PM Najib Razak says: We now have to ensure that we create a truly single market and production base with freer movement of goods and services

'HISTORIC MILESTONE.' Leaders of the 10-member ASEAN sign the declaration establishing the ASEAN Community on December 31, 2015.

ASEAN integration: PH energy sector OK, sugarcane industry in trouble

Oct 22, 2015 - 8:31 PM

The energy sector stands to benefit from the integration while the sugarcane industry is seen to be adversely affected a former energy undersecretary and lawyer says

LEGAL EAGLES. Experts discuss the legal procedures to merging as well as as the new business environment that regional integration will bring at the Philippine Corporate Mergers: "Developing a scenario for ASEAN entry and competitiveness" forum held at AIM on October 22, 2015 (seated from left: former Energy Undersecretary Jose Layug, PCCI's George Barcelon, and SEC CommissioneManuel Gaite). Photo by Chris Schnabel / Rappler

Neighbors catching up with PH as ASEAN integration looms

Oct 16, 2015 - 11:06 AM

Countries like Vietnam are rapidly catching up with the Philippines which needs to strengthen its manufacturing and its banks as competition for investment intensifies

What will sustain PH momentum come ASEAN integration?

Sep 10, 2015 - 6:00 PM

To sustain its economic momentum the Philippines will have to address low productivity a problem that plagues most Southeast Asian countries says McKinsey Company s Oliver Tonby

TIME FOR SHARED PROSPERITY. Despite the Philippines’ status as one of the fastest-growing economies Asia, McKinsey & Company's Oliver Tonby says about a quarter of Filipinos still live in poverty. File photo by Francis R. Malasig/EPA

Policymakers urged to help SMEs enter global value chains

Sep 04, 2015 - 4:04 PM

The entry of more SMEs into global production chains can help develop competitive sectors throughout ASEAN the Asian Development Bank says

Maybank draws top millennial talent for battle of wits

Jul 14, 2015 - 6:59 PM

UPDATED 3 from UP two from De La Salle University and one from Ateneo De Manila University will represent the country in the global finals of 2015 Maybank Go Ahead Challenge in Kuala Lumpur next month

ASEAN opens up half the world to PH trade

Jun 25, 2015 - 11:11 AM

ASEAN through its Free Trade Agreements with regional powers gives the country the chance to trade to half the world at little to no tariffs

Rappler, AIM team up to raise awareness on ASEAN integration

Jun 19, 2015 - 10:15 AM

Rappler and AIM will work on a series of stories to explain to readers how ASEAN integration will affect them

TEAMING UP. From left to write, AIM's Dr Federico Macaranas and Dr Jikyeong Kang, and Rappler's Maria Ressa and Glenda Gloria sign a Memorandum of Understanding to publish content on ASEAN integration. Photo by Pia Ranada/Rappler

Is Nanay Tess' bagoong ready for ASEAN integration?

Jun 14, 2015 - 8:33 PM

Will a borderless economic community by yearend hurt or benefit microenterprises in the Philippines like Nanay Tess bagoong business?

SMELL OF SUCCESS. Teresita Valdez aims to be the country's no.1 bagoong exporter. The photo from Citi Philippines shows Valdez and her husband overlooking the operations of their bagoong factory

Aquino: PH still mulling AIIB invitation

Jun 03, 2015 - 8:24 PM

President Benigno Aquino III says the country s bad experience with the Northrail project and its territorial dispute with China have made him think twice about joining the China led Asian Infrastructure Investment Bank

(TOKYO, Japan) President Benigno S. Aquino III delivers his keynote speech during the Nikkei 21st International Conference on the Future of Asia – Special Session at the Ascot Hall of the Okura Hotel for his State Visit in Japan on Wednesday (June 03, 2015). With theme: “Asia Beyond 2015: The Quest for Lasting Peace and Prosperity.” (Photo by: Ryan Lim / Malacañang Photo Bureau)

AEC 2015: Will PH firms be market disruptors?

May 21, 2015 - 10:28 AM

Businessmen analysts and senior government officials weigh in on how the Philippines will fare once the ASEAN Economic Community comes into force in December and the challenges it has to address now

READY OR NOT. Is the Philippines ready for the upcoming ASEAN economic community? File photo by Rappler

Forbes launches Forbes Philippines

May 06, 2015 - 1:40 PM

The local edition aims to use its long working cycles to dig deeper into the entrepreneurial aspect of Philippine business

China's island-building to loom large at SE Asia summit

Apr 25, 2015 - 11:28 AM

ASEAN states Vietnam the Philippines Malaysia and Brunei claim parts of the strategic South China Sea but Beijing claims nearly all of it and has moved aggressively to back that up

LATEST PHOTOS: The Philippine military shows photos of China's 'massive reclamation activities' in West Philippine Sea. Rappler

Indonesian minister: No language test for expats

Apr 20, 2015 - 2:47 PM

It s just discourse that kind of policy will never be implemented

PANEL. Arkady Dvorkovich (R), Deputy Prime Minister of the Russian Federation talks to Sofyan Djalil (L), Indonesian Coordinating Minister for Economic Affairs, during a panel session on the first day of the World Economic Forum (WEF) on East Asia, in Jakarta, on April 20, 2015. Photo by Adi Weda/EPA

How should Indonesia face the ASEAN Economic Community?

Apr 20, 2015 - 12:01 PM

It s important for Indonesia to open its economy but it has to develop local talent and supporting infrastructure

CHALLENGES. Indonesia should develop local talent and infrastructure to have a competitive open economy, speakers at the World Economic Forum on East Asia 2015 said. File photo by EPA

Aquino to businessmen: 'You ain’t seen nothing yet'

Mar 24, 2015 - 1:31 PM

President Benigno Aquino III encourages investors to put their money in the Philippines as he vows to sustain the country s economic growth momentum

BRIGHT FUTURE. President Benigno Aquino III says the progress of the Philippine economy so far is just the beginning of more to come. Malacañang Photo Bureau

N. Mindanao ready to break into int’l trade?

Mar 07, 2015 - 8:07 PM

Opportunities abound in agriculture food processing service related industries and trade infrastructure services

The wRap Indonesia: Oct. 14, 2014

Oct 14, 2014 - 10:46 AM

Mark Zuckerberg s thoughts on Jokowi and Indonesia Jakarta s plan to tighten supervision of foreign workers a polygamy fee in East Lombok and more

FACEBOOK FRIENDS. President-elect Joko Widodo and Facebook founder and CEO Mark Zuckerberg at the Tanah Abang market in Jakarta on October 13, 2014. Photo courtesy of Zuckerberg's official Facebook page

ASEAN integration: More jobs, wider inequality

Aug 21, 2014 - 8:59 AM

Inequality and labor issues could worsen under the ASEAN Economic Community unless countries started taking decisive action a study by the International Labor Organization and the Asian Development Bank says

Machines on PH farms: Catching up with ASEAN integration

Jun 25, 2014 - 1:41 PM

While Asian neighbors started their mechanization programs on their farms in the 1960s or 1970s the Philippines started only in 2010 Agri officials say we can still catch up

MACHINES IN FARMS. Mechanization is said to be one part of the solution to making Philippine agricultural products more competitive with those of its ASEAN neighbors

Will Indonesia be competitive in an integrated ASEAN?

Jun 18, 2014 - 1:45 PM

There are worries that Indonesia – the largest market in the region with a population of 250 million – would remain a target instead of a strong player

COMPETITIVE? An Indonesian rides a motorbike past containers at the Tanjung Priok Port in Jakarta, Indonesia, in this 2012 file photo. Photo by Bagus Indahono/EPA

Spooking investors? Indonesia's Jokowi tackles ASEAN integration

Jun 16, 2014 - 12:43 PM

We are open but what is paramount is to protect our national economy leading presidential bet Joko Widodo says in a debate

FRIENDLY DEBATE. Presidential candidate Prabowo Subianto (R) talks to his contender Joko Widodo (L) shortly after a debate in Jakarta on June 15, 2014. Indonesia will hold its presidential election on July 9, 2014. Photo by Adi Weda/ EPA

What one ASEAN community means for business

Jun 05, 2014 - 3:12 PM

The tycoons narrow it down to one problem: the struggle of dealing with vested interests masquerading as national interests

PH 'well situated' to take advantage of ASEAN integration

May 20, 2014 - 5:50 AM

But it must address the weaknesses of some sectors such as manufacturing and agriculture and challenges in energy transport and infrastructure

Australian investors on AEC 2015

Apr 08, 2014 - 11:12 AM

What seems clear is that there is significant interest in the potential of the ASEAN Economic Community and that if issues are addressed investors from Australia and other parts of the world will come

Australian business round table. Peter Kerr, NSW director for Asialink is at left.

The failure of ASEAN leadership?

Mar 25, 2014 - 12:33 AM

To effectively push forward an ambitious ASEAN agenda of one market ASEAN must move fast and its leader must lead – not just within ASEAN but among potential investors

Meet the 4 Hitachi young leaders

Jun 22, 2013 - 10:43 AM

4 of the most promising university students will represent the Philippine in the 12th Hitachi Young Leaders Initiative in Thailand

TO THE FUTURE. From left to right, Hitachi's Mitsuhiko Shimizu, Wesly Cortez, Franz Karunungan, former Supreme Court Justice Antonio Nachura, Ira Zamudio, JJ Simpauco and Hitachi's Yoichi Yamano. All photos by Pia Ranada

Ayala eyes Mindanao for power project

Apr 22, 2013 - 8:44 AM

The Aboitiz and Alcanta groups have also previously made their own investments in Mindanao s power supply

AYALA AND POWER. Ayala is participating in a power project in Mindanao. Photo by John Javellana.

'Sabah clash has no impact on trade pacts'

Mar 05, 2013 - 6:04 PM

The Asian Development Bank says economic ties in the region have remained resilient despite tensions

MANILA BASED. The Asian Development Bank (ADB), established in 1966, is the only multilateral based in Manila. Photo by Roopak Ramachandran Nair.

Robust growth keeps PH on track to AEC 2015

Oct 23, 2012 - 11:37 AM

The Philippines strong economic growth is paving the way to the country s successful integration into the ASEAN by 2015