By 2015, ten countries in Southeast Asia plan to launch a single market for goods, services, capital and labor, which has the potential to be one of the largest economies and markets in the world. Here are 12 things to know about the ASEAN Economic Community.
Four local firms and two corporate heads were recognized during the first ASEAN Business Awards Philippines, the local counterpart of the regional ASEAN Business Awards. ASEAN Business Awards was established by the ASEAN Business Advisory Council to recognize companies in the region that have contributed to the overall growth of the ASEAN economy. Leading this year’s winners in the Large Enterprise category is listed port operator International Container Terminal Services, Inc. (ICTSI), which received the award for corporate excellence.
MANILA, Philippines - Six Filipino firms will represent the country in this year’s regional ASEAN Business Awards to compete for the honor of being named as the most admired enterprises in the region. Leading this year’s cast is port giant International Container Terminal Services Inc. (ICTSI), a developer and operator of container terminals in gateway ports in over 20 countries across Asia-Pacific, the Americas, Europe and the Middle East.
MANILA, Philippines – Fifty-six small and large Philippine companies are vying for the inaugural Asean Business Awards Philippines, which aim to recognize enterprises which explore and harness the opportunities offered by the Asean Economic Community (AEC).
“We are quite pleased with the participation of companies in the first ever Asean Business Awards Philippines. It is our hope that the awards will serve to inspire and motivate more Filipino businesses to participate and become key players in the broader regional market, as well as strengthen the Philippines’ overall competitiveness in the AEC,” Teresita Sy-Coson, Philippine representative to the Asean Business Advisory Council (ABAC) and vice-chair of SM Investments Corp. said in a press statement on Tuesday.