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Asean Economic Community will see rise in trade flows: OCBC chief

Published Wed, Apr 22, 2015 · 09:50 PM

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Singapore

THE upcoming launch of the Asean Economic Community this year will see an increase in trade flows but also more problems like money laundering and fraud, said Samuel Tsien, OCBC Bank chief executive.

"Trade, investments, capital and people flows are expected to significantly increase between the 10 Asean member states as a result of liberalisation of controls across the borders," said Mr Tsien on Wednesday.

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