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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

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...

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