...ONE IDENTITY ONE COMMUNITY ASEAN VISION 2015 (An excerpt from the ASEAN Economic Blueprint) Office of the Deputy Director General for Sectoral TVET Planning Office TESDA Complex, East Service Road, South Superhighway Taguig City, Metro Manila Tel. No. (02) 888 5652; 817 2675; 893 1966 www.tesda.gov.ph CODE: ST-PO 05-12-2012 ASEAN Vision 2015 I. ASEAN Economic Community The ASEAN Economic Community (AEC) shall be the goal of regional economic integration by 2015. AEC envisages the following key characteristics: (a) a single market and production base, (b) a highly competitive economic region, (c) a region of equitable economic development, and (d) a region fully integrated into the global economy. The AEC areas of cooperation include: a. human resources development and capacity building; b. recognition of professional qualifications; c. closer consultation on macroeconomic and financial policies; d. trade financing measures; enhanced infrastructure and communications connectivity; e. development of electronic transactions through e-ASEAN; f. integrating industries across the region to promote regional sourcing; g. enhancing private sector involvement for the building of the AEC. In short, the AEC will transform ASEAN into a region with free movement of goods, services, investment, skilled labour, and freer flow of capital. II. Declaration on the ASEAN Economic Blueprint The ASEAN Leaders adopted the ASEAN Economic Blueprint at the 13th ASEAN Summit on 20 November 2007...
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...3 A. 1. FOREIGN DIRECT INVESTMENT TRENDS AND DEVELOPMENTS RECENT TRENDS IN FOREIGN DIRECT INVESTMENT INFLOWS AND OUTFLOWS Global trends 15 Following what seemed to be a swift recovery from the global financial crisis in 2010-2011, global foreign direct investment (FDI) inflows have again taken a downward turn. As the world economic recovery continues to be uncertain and fragile, global FDI inflows have declined by 18%, from $1.65 trillion in 2011 to $1.35 trillion in 2012. Inflows decreased both in developed and developing economies.16 However, while the majority of developed countries experienced a significant reduction in their FDI inflows, by 32% on average, those to developing economies remained relatively resilient, declining by only 4% on average. More importantly, for the first time developing economies alone absorbed more FDI than developed countries, accounting for 52% of global FDI inflows (figure 3.1). Asia-Pacific Trade and Investment Report 2013 FIGURE 3.1 1400 1200 Billions of United States dollars 1000 800 600 400 200 0 2003 Foreign direct investment inflows to developed and developing economies, 2003-2012 2004 2005 2006 2007 2008 2009 2010 2011 2012 Developed economies Developing economies Source: ESCAP calculations, based on UNCTADStat. FIGURE 3.2 2000 Billions of United States dollars 1800 1600 1400 1200 1000 800 600 400 200 0 2003 2004 2005 2006 Foreign direct investment outflows from developed...
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... BUS520M Business Law Submitted by: GROUP 4 Amparo, Lourdes Lagman, Mia Marie Legaspi, Jill Noreen Submitted to: Atty. Antonio Ligon April 6, 2016 I. Background 1. Philippine Business a. History 2. Doing business in the Philippines b. Forms of business 3. Definition and Origin of Joint Venture (JV) II. Statement of the Problems 1. What are the applicable laws in joint ventures? 2. What are the tax implications? 3. Are our current joint venture laws sufficient? Especially with the Asean integration? III. Statement of Objectives The research study aims to: 1. Identify the applicable laws in joint ventures 2. Identify the tax implications in joint ventures 3. Identify insufficiencies (if any) in our current joint venture laws and make recommendations IV. Discussion 1. Nature of Joint Ventures in Philippine setting 2. Governing Laws 3. Foreign Investments 4. Scope of Joint Venture Business Activity 5. Taxes in Joint Venture 6. Example of JVs in the Philippines V. Analyses VI. Recommendations VII. Learning Points VIII. References I. Background of Philippine Business History Historians state that the early start of business in the Philippines dated back in the 14th century, however, it was not until 1950’s or the post war years was where the emergence of an actual industrial growth. Our history of being colonized and the achievement...
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...China-ASEAN Economic Relations: Development And Future Challenge. Abstract: In recent 15 years, The development of China-ASEAN trade and economic relations has of great significance, not only for both sides but also for the whole East-Asia region. This paper to discuss the latter that is regional implications of 15 years’ development of China-ASEAN trade and economic relations and find the problem and challenge in China-ASEAN trade relations, as well as provide some further consideration for both sides’ trade and economic relations. Introduction Since the economic reforms and open-door policy of1978-79, China's economy has been growing rapidly and more particularly since 1990 when growth has averaged 10% a year. China's external trade has been growing at an even faster rate of 15% a year since 1990, and it has also annually drawing from the lessons of the financial contagion of 1997. Economic links between ASEAN and China through trade, investments and tourism have prospered throughout the 1990s. Perhaps, equally important, China's maintenance of the value of the renminbi (RMB) during the economic crisis of 1997, served as a regional anchor preventing what could possibly have been successive rounds of competitive devaluations. This clearly prevented the crisis from becoming more acute for ASEAN countries and yet this put China’s own exports at risk, as much cheaper goods from the crisis-plagued region competed with Chinese goods. Another important milestone that contributed...
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...Introduction This project is about Uniqlo Co., Ltd. enter the new market which is Vietnam in ASEAN(ASEAN FTA 2012). Uniqlo Co., Ltd. is a Japanese casual wear retail company. It not only retails casual clothing but also design and manufacture their own product. Around the world there is over 1,400 Uniqlo retail store (Fast Retailing 2014). Uniqlo set up the design studio in New York and joint venture with South Korea's Lotte Shopping Co., Ltd. to expand the business , these kind of international expanding business action has been undergoing since 2004 (Fast Retailing 2010). From 2011 to 2012, Uniqlo keeps to expand the business and involve more international activities. In recent years, Uniqlo entered the East South Asia market such as Thailand, Philippines and Malaysia(Fast Retailing 2013). This is the trend of Uniqlo expands the business to East South Asia countries. Base on Porter's Generic Strategies there is four strategies segment they are differentiation, overall cost leadership, focused differentiation and focused cost leadership (Porter 1980). Uniqlo invested a lot of factories in different developing countries. Uniqlo is finding the low cost production process in those countries and their products are targeted to broad segment. levitt claimed that when business enters to other market with no change on the product or service it is standardization, adaptation is there have change to adapt the local market needs (Levitt 1983). Uniqlo business is mixed with standardization...
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...EXECUTIVE SUMMARY GAC Philippines, Inc. is one only of the many branches of Gulf Agency Company (GAC) Group. The company provides a comprehensive portfolio of shipping and logistics services. The company also provide services like professional warehousing, distribution and 3rd Party Logistics (3PL) services throughout the Philippines. GAC Philippines Inc. is a newly industrialized country and is a founding member of the Association of Southeast Asian Nations (ASEAN). The company is part of the GAC group, a leading global provider of shipping, logistics, and marine services. These services are constantly being refined and integrated to service their customers' increasing need for competitive solutions: Emphasizing trust, reliability and a strong human touch. GAC Philippines Inc. serves a broad range of diverse services. It belongs to two major industries, namely: Air Delivery & Freight Services, and Shipping. Firstly, Air Delivery & Freight Services is subdivided into four, which are: Ocean Freight, Air Freight, Sea-Air Freight, and Clearing & Forwarding. For several years in the logistics industry, GAC Philippines, Inc. has established its own name as the country’s leading fully integrated transport service provider. GAC Philippines, Inc. is striving to be the premier shipping company in the Philippines. This is possible through creating long-term relationships towards customers and suppliers, and delivering integrated services with the highest levels of quality and...
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...POE -help the private sector formulate an industrialization and it plan, so that there would be more ‘made in the Philippines’ products. -strengthen the “study now, pay later” program. -give farmers their own land, boost irrigation and push for mechanization, and look for a program to make fishing, farming and livestock propagation profitable for the farmers and the youth. - look for ways to lower power costs and resolve the frequent brownouts in Mindanao. And find ways for the development of renewable energy. - People should be able to rely on expanded benefits through Philhealth. - bring about reforms to achieve inclusive growth, global competitiveness, and transparent government. POE -help the private sector formulate an industrialization and it plan, so that there would be more ‘made in the Philippines’ products. -strengthen the “study now, pay later” program. -give farmers their own land, boost irrigation and push for mechanization, and look for a program to make fishing, farming and livestock propagation profitable for the farmers and the youth. - look for ways to lower power costs and resolve the frequent brownouts in Mindanao. And find ways for the development of renewable energy. - People should be able to rely on expanded benefits through Philhealth. - bring about reforms to achieve inclusive growth, global competitiveness, and transparent government. SIMILARITIES * To provide adequate Education * Help the poor and the...
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...chains of Islands, including Natuna Island. Therefore, the Minister of Foreign Affairs of the time, especially during the period of Professor Mochtar Kusumaatmadja in the office in the 1980s, had been working around the clock to ensure that Indonesian position was accepted by the region and beyond. Even China’s Minister of Foreign Affairs, Mr Qian Qichen later in 1995 had agreed with his counterpart the Minister of Foreign Affairs of Indonesia at the time, Mr Ali Alatas that both countries did not have any overlapping claim over Natuna Island and its surrounding areas. In the period of 1990 – 2000, China conducted the so-called soft diplomacy with regard to the issue of South China Sea. It apparently worked hard to win the confidence of ASEAN, especially of some of its members that are claimants in the South China Sea. Deng Xiaoping, the then China’s leader, stated that China was a peace-loving country and with regard to the issue of South China Sea and he was willing to put the issue of sovereignty aside and looked more into joint cooperation with the other claimants. China had even confirmed its strong commitment to observe the Declaration of the Conduct of the...
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...JOLLIBEE FOODS CORPORATION Abstract This case study examines the rapid growth of one of the most successful companies in the Philippines, the fast food giant, Jollibee Foods Corporation. In this paper, detailed information regarding the company’s history and the measures it took to establish itself in its initial years was used in the in depth analysis of the company’s strategic plan. This also includes an analysis of their vision-mission statement as well as the analysis of their external environment using the PESTEL Framework. Company History Overview Jollibee Foods Corporation or JFC is centered on developing, operating and franchising fast food stores under the trade name Jollibee. The company operates on 3 segments: Food Service, Franchising and Leasing. The Food Service segment engages in the operations of quick service restaurants and the manufacture of food products to be sold to Jollibee Group-owned and franchised QSR outlets. The Franchising segment is involved in the franchising of the Jollibee Group's QSR store concepts. The Leasing segment leases store sites mainly to the Jollibee Group's independent franchisees. The company was founded by Tony Tan Cationg in 1975 and is headquartered in Pasig City, Philippines. Currently Jollibee is the largest fast food chain in the Philippines, operating over 750 stores. A dominant market leader in the Philippines, Jollibee enjoys the lion’s share of the local market that is more than all the other multinational brands combined. The...
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...east by Laos and Thailand. The longest land border is communal with People’s Republic of China. Burma is known to the world as the nationally official name until 1989; the country’s name was the officially changed by the military government that reigned in 1988. Rangoon is the commercial capital and the largest city, and the administrative capital is Naypyidaw. Concerning with relationship of Myanmar and the largest local organization, ASEAN, Myanmar was stamped with its admission to join as one member state of ASEAN community in 1997. Considered the resource both natural and human capacities, Myanmar, the late-emerged country in the region, anticipated its advantages stemming from joining in ASEAN. Following the participation in the ASEAN community and with the establishment of AFTA agreement signed on 28 January 1992 in Singapore, Myanmar oversights its opportunities in development through the link of commercial trading which allows the free flow of trade, labor and information. However, although the precise advantages retrieved from the ASEAN membership is seen from its current stance, Myanmar also faces with mixed challenges and opportunities in the whole progressive pace of development, particularly with the relation in AFTA. This research is designed with some objectives. By looking at the present situation and in the near future situation of Myanmar economic and trading; it is very necessary to considered about it. And we want to find out and analyze on the 1 Myanmar...
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... qwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmqwertyuiopasdfghjklzxcvbnmrtyuiopasdfghjklzxcvbnmqwe...
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...INSTITUTE OF DEVELOPING ECONOMIES IDE Discussion Papers are preliminary materials circulated to stimulate discussions and critical comments IDE DISCUSSION PAPER No. 120 A Flowchart Approach to Malaysia’s Automobile Industry Cluster Policy Akifumi KUCHIKI* September 2007 Abstract In this paper, we apply a flowchart approach to investigate Malaysia’s automobile cluster policy. We investigate whether the industrial cluster policy has been successful or not, suggest policy prescriptions, and propose a way to prioritize policy measures. Our flowchart approach leads to the following three policy prescriptions: (1) Malaysian firms should establish sites for exporting compact cars with automatic transmissions; (2) actors in the public, semi-public and private sector should work to upgrade skilled labor; and (3) the central government should promote liberalization and deregulation to attract foreign firms into the supporting industries. Keywords: Malaysia, automobile industry cluster, policy prescriptions, actors, deregulation JEL classification: G18, O18, R11 * Executive Vice President, Japan External Trade Organization (JETRO) E-mail: akifumi_kuchiki@ide.go.jp The Institute of Developing Economies (IDE) is a semigovernmental, nonpartisan, nonprofit research institute, founded in 1958. The Institute merged with the Japan External Trade Organization (JETRO) on July 1, 1998. The Institute conducts basic and comprehensive studies on economic and related affairs in all...
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...doing research and development with Lotus engineering and Petronas-Sauber Formula 1 team to come up with own engine. This moves in R &D sector is very important for them. Now they can show their own identity to the world rather than copying prototype of Mitsubishi cars. They have changed to a new logo that will give them more precise identity. Perodua still lack in this field, they still come out with Daihatsu prototype cars to manufacture in Malaysia. Local manufacturers have to come with their own identity or brand if they want to penetrate the ASEAN market. In order to have own identity, they need to come out with their own model that is not available from other auto manufacturers. Daihatsu have already manufacturing base in Indonesia. So for Perodua it will be difficult task to penetrate the ASEAN market. Definitely their sales in Malaysia will drop in 2005. So to compensate that, they better penetrate other ASEAN countries car market. Another main core thing that should be taken...
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...With the theme "Philippines: A Science Nation Innovating for Global Competitiveness,” the Department of Science and Technology (DOST) opens its five-day National Science and Technology Week (NSTW) celebration at the SMX Convention Center in Pasay City on July 26 to 31, 2015. The event aims to highlight various technological innovations that have produced substantial benefit to Filipinos and improved our competitiveness in the region. Also it aims to feature world-class innovation technologies of the Science and Technology sectors aligned to the ASEAN Economic Integration. “The objectives of the activity are to enhance the science experience of the students, inform the community of the different DOST-related programs and projects that they can avail, and create possible linkages between the community and other DOST-affiliated institutions,” DOST said in a statement. The week-long event also feature different exhibits, product displays, talks and for on science and technology, competitions, product launchings, local inventions, and outstanding Filipino scientists that really fascinate the souls of the young future scientists and inventors. The eight Science and Technology Based Outcomes for agriculture, enterprise development, industry competitiveness, IT-Business Process Management (IT-BPM), e-Government, quality healthcare, education and disaster preparedness is being highlighted this year. This is to push the country towards national development and competitive advantage...
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...The Market Mix/Product Modification Product modification will be done because of the cultural background in Asia. The bottle of our product will change from a big mouth spout to a smaller mouth. This will be done because the mouth size of most Asians are smaller than Americans and other ethnicity; however, the color of the bottle will be more of ASEAN color opposed to American colors. 2 and 1 Health Nutritional store will change the color of our bottles to red only to accommodate the countries associated with our product. There will be more of a taste to our product by adding more soluble tablets to enhance the flavor of our product. While on our venture the team discovered that Asians like flavor over any other country. With that being said, we felt taste was an issue as it relates to our product. Since most Asians are smaller bodied people it only made since to change the size of the bottles as well. 2 and 1 Health Store currently has 12, 14, and a 16 ounce bottle. As it relates to bottle size we will not change the sizes we currently sell; however, we will add an additional size, so that the bottle will be light weight. Before the opening of our store 2 and 1 will have a smaller bottle to offer Asians. The new size will be a 6 ounce bottle to accommodate most of the people that do not want as much weight to carry around. The design of our bottles and the taste will be marketed at our stores. 2 and 1 has located a designer company as well as a...
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