Giving back to the community. Being an inclusive business. A business that makes partners out of its suppliers and the communities around it. These are some of the ways Philippine businesses define corporate social responsibility (CSR), a habit that is acquiring more relevance against the backdrop of ASEAN integration.
Separated from mainland South-east by vast oceans, the Philippines is often seen as more interested in the West than in its own neighbours. Will the ASEAN mindset grow in the Filipino psyche now that the ASEAN Community has been launched?
Indonesia controls – through reference pricing – the imports of products like shallots. It’s meant to protect local producers, but there often isn’t enough supply and consumers find the prices of this basic kitchen spice high. What’s the balance between a barrier to trade and a protection tool for domestic interests? Kanis Dursin reports for the ‘Making AEC Work’ series, part of the ‘Reporting ASEAN: 2015 and Beyond’ media programme.
The third largest producer of palm oil in the world, Thailand is facing domestic and international challenges in its management of the prized crop. Although oversupply, high costs and lack of competitiveness in terms of pricing are ongoing concerns, the country is adamant about protecting the sector, as Kornchanok Raksaseri of ‘Econ News’ finds out in this ‘Making AEC Work’ story, part of the ‘Reporting ASEAN:2015 and Beyond’ programme.
Boosting bilateral trade volumes to reach $10-12 billion in 2017 will be a key concern for Thailand and Myanmar. To achieve the target, the two neighbours will need to combat smuggling and ease certain restrictions, explains Kyaw Hsu Mon of ‘The Irrawaddy’ in her story for the ‘Making AEC Work’ series, ‘Reporting ASEAN:2015 and Beyond’ programme.
Thailand is a major exporter of halal products, but hasn’t found it easy to export to Indonesia, home to the biggest Muslim population and thus the biggest consumer base for halal products. Thai officials propose that ASEAN pushes for a unified halal standard, but this does not seem likely anytime soon, explains Sathapat Phaethong (@Sathapat_P) of ‘Sawasdee ASEAN’ in this video report for the ‘Making AEC Work’ series, part of the ‘Reporting ASEAN: 2015 and Beyond’ media programme.
Japan’s economic ties with countries of the Association of Southeast Asian Nations (ASEAN) go back decades, but future linkages between them will take deeper root with the emergence of the ASEAN Community and be led by the youth from both sides, Suvendrini Kakuchi reports from Tokyo.
Beyond corporate social responsibility, which norms can work as ‘responsible business practices’ as ASEAN heads toward greater integration with the ASEAN Community’s launch in December 2015? Businesses, civil society and others are pushing to raise the bar on issues like human rights, decent work and fighting corruption, reports Diana Mendoza.
Amid the heated debates and discussions around this year’s haze episode in Southeast Asia, ASEAN’s agreement on transboundary haze pollution has gotten little attention – or mention. It lies all but buried in the embers of frustration of Indonesia’s neighbouring countries, reports Kanis Dursin* from Jakarta.
Strong outside, weaker inside? ASEAN needs to address its internal contradictions before it can achieve true integration and be considered a regional powerhouse. Ahead of the ASEAN Community’s launch, Johanna Son takes a closer look at the ASEAN way in this story for ‘The Irrawaddy’ under the ‘Reporting ASEAN: 2015 and Beyond’ series.
With the establishment of the ASEAN Economy Community, Vietnamese exports stand to gain from the elimination of tariffs. But free trade also means the country will need to ensure its products remain attractive amid fiercer competition. Thi Huong of Vietnam Economic News looks at how the textile and agriculture industries plan to tackle this challenge in her story for the ‘Reporting ASEAN’ media fellowship programme.
The target of creating a fully integrated ASEAN stock market remains elusive with 10 very fragmented and diverse markets in the region. More support from individual countries is urgently required for the realisation of a borderless capital market. Chan Yi Wen of the Business Times explains the slow pace of financial integration in her story for the ‘Reporting ASEAN’ media fellowship programme.