Google

ASEANAFFAIRS
Sign up | Log in
Subscribe to AseanAffairs Magazine
Malaysia’s New Economic Model:
Risks and Rewards
View Samples
AseanAffairs Magazine May - June 2010
CONTENT • BEYOND ASEAN 
• ASEAN BAZAAR • FEATURED COMPANIES
ASEAN MANAGEMENT • INSIDE OUT
• ASEAN MONEY • OPINION
• ASEAN TRAVELLER • MALAYSIA IN FOCUS

Prime Minister Najib Razak vows to take Malaysia forward and transform it into a high income nation through economic and social reforms. Initial responses to this ambitious drive are mixed, details are scarce and investors play wait-and-see.Yet, Najib insists he’s got support to push ahead.

COVER STORY  Read More...

Testimonials – What our Readers are saying about us
Read the full story.  Subscribe now!


ASEAN: THE WAY FORWARD

Ramon Navaratnam (Center)
 
Playing in an Integrated Market

Jamaludin Ibrahim

Asean has been for the most part driven at the government and ministerial level - to make it meaningful, it must have committed private sector participation – and their buy-in can only be secured if they are convinced of the tangible economic benefits cooperation will bring.

The fact is businesses are already cooperating with their counterparts throughout the region, right across the supply and demand chains, in very much the same way countries are pursuing bilateral and smaller multilateral group cooperation.

....

Mohamed Iqbal Rawther

The private sector can only be vocal for the single market concept. Generally it is considered as an advantage and increases the wealth of the member countries and Asean as a whole.

....

Opportunities and Challenges

Jamaludin Ibrahim

Challenges (facing Asean) include stiffer competition from emerging economies within Asia itself. Asean needs to work together leveraging on their collective strength, now representing 9 percent of the world’s population and about 2.4 percent of the world’s GDP.

....

Mohamed Iqbal Rawther

The Asia Pacific region is currently in focus. We have Japan with the number one position in economic wealth due to research and development based technological advancements.

....

Asean and the Pursuit of FDIs

Rajiv Biswas

I believe that competition is healthy. As in the title of bestselling author Thomas Friedman’s book, “The World is Flat”. Asean countries are not only competing with others in Asean, but also with other nations globally. The hot spur of competition can act as a positive force to drive individual Asean governments to improve the competitiveness of their own economies.

....

Ramon Navaratnam

Asean should set up joint infrastructure projects for financing and go for joint production of goods and services have common marketing strategies, etc.

Staying Competitive

Jamaludin Ibrahim

Following the rapid trade liberalisation across Asia to improve market access, has been the growing pace of intra-regional investment flows. A vast market for goods and services has already been created. Within Asia, as China becomes the focus of economic growth and transformation, the speed of Asean economic integration, as one common market, is crucial to provide added support to Asia’s pace of growth and dynamism.

....

Mohamed Iqbal Rawther

The liberalisation drive is still slow and policy makers do not understand the speed at which global investment decisions are taking place. Rules and regulations still remain on outmoded forms although policy reforms have been announced. Unification of customers’ procedures, tariff classification, codification of goods services are still impediments.

....

<<  Previous       3 of 6 page                Next  >>

 

Back to Top

 

...to Read the Complete Article Subscribe to ASEANAFFAIRS Magazine

Home | About Us | Contact Us | Special | Features | News | Magazine | Events | TV | Press Release | Advertise With us

Our Products | Work with us | Terms of Use | Site Map | Privacy Policy | Refund Policy | Shipping/Delivery Policy


Version 5.0


advertisement


Copyright © 2007-2011 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand
asean@aseanaffairs.com