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  • July 23, 2014

    International pressure forced China to stop oil drilling in South China Sea

    ... order, it is significant that the United States is squarely challenging such Chinese endeavours. At their foreign ministerial talks in May, Asean members - whose stances toward China usually differ - took the concerted action of expressing "serious concerns" about the dangerous situation in the South...

    Opinion
  • July 23, 2014

    PR firm hopes to lure new clients via exec training

    ... their skills in presentation, communication and media strategy, which can help them expand their business into neighbouring countries when the Asean Economic Community comes into effect next year," Tom Poldre, director for training and development at ABM, said yesterday. For this new executive training...

    Business
  • July 23, 2014

    'Thailand Is Back' theme for landmark conference

    ... leading Thai chief executives and Bangkok-based foreign business leaders presenting and debating how Thailand will position itself as the hub of the Asean Economic Community. Economic growth and sustainability will also be hot topics. This is the first international business conference since the...

    Business
  • July 22, 2014

    Kantana adding training courses to serve digital TV

    ... role in the entertainment industry, the Kantana Institute aims to be a leading regional player, particularly after the full implementation of the Asean Economic Community next year. Neighbouring countries Panadda said the institute expected to welcome more students for intensive training...

    Business
  • July 22, 2014

    ICBC (Thai) set to cash in on growing role of yuan as transaction currency

    ... becoming more stable, so its use as a local currency for investment and trade would benefit both Chinese and Thai companies, Li said. China and Asean countries are in close proximity and the primary bases have already been established, so only a little preparation is needed for yuan internationalisation...

    Business
  • July 22, 2014

    Bill signed for full entry of foreign banks into RP

    ...". Coloma said the new law, RA 10641, was "the product of careful study". "Let's think about the reality that we're moving toward an Asean integration, and that includes the aspect of financial integration," he said. "There are a lot of [businesspeople] who want to invest here in our country...

    Business
  • July 22, 2014

    Foreign firms allowed Thai IPO launches, simultaneous offerings

    ... will not only enhance the competitiveness of the Thai capital market and increase investors' investment choices, but also conform to the rules for Asean offerings under the Asean Capital Markets Forum framework. Foreign companies eligible to launch equity offerings under the proposed regulations must comply with...

    Business
  • July 22, 2014

    Better business climate could accelerate growth

    ...] are of concern," he said. Earlier this month, a two-day workshop was completed, to raise awareness on opportunities and challenges that the Asean Economic Community (AEC) will introduce. This will compliment the government's comprehensive gap assessment, which will lead to new reforms. "Private...

    Aec
  • July 21, 2014

    AYUD hunting for acquisitions

    ... small and medium-sized insurers would be forced to adjust their business strategies because of the insurance liberalisation driven by the upcoming Asean Economic Com-munity. The Office of the Insurance Commission (OIC) is preparing tariff deregulation to comply with the AEC, which means premiums will be...

    Business
  • July 21, 2014

    Myanmar has too many serious problems to be an effective chair of Asean

    Seventeen years later, the fundamental principle of Asean remains non-interference in internal affairs among member countries. Consequently, member countries rarely voice strong opinions against other member countries. As a result, Asean rarely influences member countries. For example, the grouping has...

    Opinion