Asean businesses not ready for AEC, despite opportunities: survey
Most believe that the AEC will not happen by next year, but only in the 3-5 years after
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
BUSINESS leaders across South-east Asia believe that the Asean Economic Community (AEC) presents an opportunity for their business but less than a fifth of them have made plans and changes in anticipation of the common market that is meant to be realised by the end of 2015.
A Deloitte survey of 100 C-suite executives of major companies from different industries across South-east Asia, conducted in April, found that 96 per cent can see that business opportunities will spring from access to new markets (54 per cent), bigger markets (36 per cent) and lower costs (34 per cent).
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
