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In-depth analysis ASEAN 2015. Hi-Tech Nittsu (Thailand) Co., Ltd. Lersak Inchoo. In-depth analysis – asean market 2015. Topic covered ASEAN geography ASEAN Economic Community ; AEC Diversity in ASEAN How to go with AEC Questions & answers. Asean geography. ASEAN countries Thailand
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In-depth analysis ASEAN 2015 Hi-Tech Nittsu (Thailand) Co., Ltd. Lersak Inchoo
In-depth analysis – asean market 2015 • Topic covered • ASEAN geography • ASEAN Economic Community ; AEC • Diversity in ASEAN • How to go with AEC • Questions & answers
Asean geography • ASEAN countries • Thailand • Malaysia • Indonesia • The Philippines • Singapore • Vietnam • Brunei • Cambodia • Myanmar • Laos PDR
Asean economic community : AEC • The ASEAN Economic Community (AEC) is the realisation of the end goal of regional economic integration by 2015 of the ten (10) economies of the ASEAN Member States, namely Brunei Darussalam, Cambodia, Lao PDR, Indonesia, Malaysia, Myanmar, the Philippines, Singapore, Thailand and Viet Nam. The AEC will bring benefits to the peoples of ASEAN by creating a more conducive environment through transparency, predictability and consistency for businesses to flourish. This will in turn benefit consumers who will have access to a cheaper and wider range of goods and services and enjoy more extensive consumer protection. The newer ASEAN Member States of Cambodia, Lao PDR, Myanmar and Viet Nam stand to also gain through the many opportunities for production networks created by an AEC and the productivity enhancing effects of AEC’s emphasis on best practices.
Asean economic community : AEC • ASEAN aims to achieve the AEC by facilitating free flow of goods, services, investments and skilled labour, and free flow of capital; increasing physical, institutional and people-to-people connectivity to bring down the cost of doing business; narrowing the development gap both within and between ASEAN Member States by instituting targeted programmes; and finding synergy through engaging in bilateral FTAs and consolidating the Plus One FTAs into a Regional Comprehensive Economic Partnership (RCEP). Further, by tracking our progress and performance against set targets through the AEC Scorecard mechanism.
Asean economic community : AEC • AEC Blueprint • Single Market and Production Base • Competitive Economic Region • Equitable Economic Development • Integration into the Global Economy
AEC Countries specific sector • Myanmar • Agriculture and fishery • Malaysia • Rubber products and textile • Indonesia • Film & entertainment and wood product • The Philippines • Electronics • Singapore • Information technology and medical equipment • Thailand • Tourism and aviation
Asean diversity • Mixed races, rerigions, traditions, ways of life, social & economics status • Competition among ASEAN counties itself • Learn to respect the differences and live with this diversity
Doing business : aec • Total flow from origin to destination ; logistics, documentation, and fund • Knowledge involved for above flows ; Incoterms, UCP, Trade Agreement, English • Parties involved in the flows • Documentations • Country specefic information
Doing business : aec • Logistics parties • Shipper • Consignee • Bank • Shipping Broker • Freight Forwarder (NVOCC) • Carrier • Trucker • Terminal • Customs • Surveyor
Doing business : aec • Logistics Process • Product search ; website, exhibition • Price negotiation • Quotation issuance • Letter of credit application • Letter of credit confirmation • Start production • Shipment arrangement • Negotiate Letter of Credit with Bank • Payment to Bank • Delivery Order exchange • Customs clearance • Cargo delivery
Doing business : aec • Documentation • Quotation • Proforma Invoice • Letter of Credit (L/C) • Shipment Booking • Equipment Interchange Report (EIR) • Shipping Instruction (SI) • Bill of Lading (B/L) • Tally sheet (vanning list) • Invoice • Packing List • Certificate of Origin (C/O) • Export & Import Entry
Doing business : aec • Investment Priviledge ; Thailand • Pay duty • Board of Investment (BoI) • Bis19 (Customs) • Free Zone (IEAT & Customs) • Bonded warehouse (Customs)
Doing business : aec • Country Specific Information ; example • Customs clearance lead time in Indonesia • Infrastructure in Myanmar • Etc