Sign up | Log in



Home  >>   Daily News  >>Singapore>>Ties>>Singapore's Competition Commission leads effort to align competition policy and law in ASEAN 5
NEWS UPDATES Asean Affairs    28 April  2016  

Singapore's Competition Commission leads effort to align competition policy and law in ASEAN

SINGAPORE: The Competition Commission of Singapore (CCS) will lead efforts to develop an ASEAN Competition Policy and Law (CPL) Programme in order to promote collaboration amongst competition agencies in the region, said Trade and Industry Minister (Trade) Lim Hng Kiang on Wednesday (Apr 27).

Speaking at the International Competition Network's annual conference, which CCS is hosting this year, Mr Lim said the CPL Programme will contribute towards the goal of alignment of competition policy and law in ASEAN. He said it will also help foster a culture of fair competition to create a level playing field for all businesses.

“Closer relationships between businesses, government agencies and competition authorities are the basis for greater convergence and harmonisation of competition policy and law regimes,” said Mr Lim.

The programme will promote closer collaboration and relationships among businesses, competition authorities and relevant government agencies in the region, said CCS, which is a statutory board under the Ministry of Trade and Industry.

This takes place against the backdrop of the ASEAN Economic Community, which aims to transform the ASEAN region into a competitive regional market. One such development is the rising trend of online spending, with e-commerce expected to grow by 25 per cent annually.

The programme's objectives include equipping companies with the necessary knowledge to navigate the competition landscape in ASEAN as firms try to internationalise.

Mr Lim said competition is key to enabling the ASEAN Economic Community's economic vision, as the region is expected to sustain an average growth of 5.2 per cent over the next five years.

He said: "To create a competitive, innovative and dynamic ASEAN, we need to foster a 'competition-aware' region that supports fair competition through the establishment of platforms for regarding exchange and engagement."

The minister added that there is currently no such programme that brings key stakeholders of competition policy together in ASEAN, and that the CPL Programme aims to bridge this gap.

This will be done through a platform to allow stakeholders to network and build relationships, as well as building technical capabilities through workshops and staff attachments across government agencies.

The CPL programme is targeted to begin later this year.   

Reach Southeast Asia!
10- Nations, 560- Million Consumers
And $1 -Trillion Market
We are the Voice of Southeast Asia Media Kit
The only Media Dedicated to Southeast Asia Advertising Rates for Magazine
Online Ad Rates

Comment on this Article. Send them to

Letters that do not contain full contact information cannot be published.
Letters become the property of AseanAffairs and may be republished in any format.
They typically run 150 words or less and may be edited
submit your comment in the box below

Today's  Stories                           April 28, 2016 Subsribe Now !
• Current account deficit rises to $542M in 4Q15 Subcribe: Asean Affairs Global Magazine
• Malaysia’s troubled 1MDB fund defaults on bonds
• Temasek revamps investment teams
Research Reports
on Thailand 2007-2008

• Textiles and Garments Industry
• Coffee industry
• Leather and footwear industry
• Shrimp industry

SGP lowers target for 2016, plans divestment
Singapore's Competition Commission leads effort to align competition policy and law in ASEAN
Asean Analysis                   April 15, 2016
• Asean Analysis April 15, 2016
Indonesia’s Mounting Intolerance toward Minority Groups Prompts Concern
Advertise Your Brand

Asean Stock Watch  April 27, 2016
• Asean Stock Watch-April 27, 2016
The Biweekly Update
• The Biweekly Update April 15, 2016

ASEAN NEWS UPDATES      Updated: 04 January 2011

 • Women Shariah scholars see gender gap closing
• Bank Indonesia may hold key rate as inflation hits 7 percent
• Bursa Malaysia to revamp business rules
• Private property prices hit new high in Singapore • Bangkok moves on mass transport
• Thai retailers are upbeat
• Rice exports likely to decline • Vietnamese PM projects 10-year socioeconomic plan


This year in Thailand-what next?

AseanAffairs   04 January 2011
By David Swartzentruber      

It is commonplace in journalism to write two types of articles at the transition point between the year that has passed and the New Year. As this writer qualifies as an “old hand” in observing Thailand with a track record dating back 14 years, it is time take a shot at what may unfold in Thailand in 2011.

The first issue that can’t be answered is the health of Thailand’s beloved King Bhumibol, who is now 83 years old. He is the world's longest reigning monarch, but elaborate birthday celebrations in December failed to mask concern over his health. More






1.  Verifier

1. Verifier

For security purposes, we ask that you enter the security code that is shown in the graphic. Please enter the code exactly as it is shown in the graphic.
Your Code
Enter Code

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

| Terms of Use | Site Map | Privacy Policy  | DISCLAIMER |

Version 5.0
Copyright © 2006-2019 TIME INTERNATIONAL MANAGEMENT ENTERPRISES CO., LTD. All rights reserved.
Bangkok, Thailand