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Logistics 4.0

The fourth industrial revolution and rapid adoption of e-commerce, along with changes in business models and supply chains, are challenging logistics operators in Asia to adopt new technology and adapt to new customer expectations. Gone are the days when individuals and businesses were content to wait for days or weeks for something to arrive. They […]

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ACFTA coming into force from January

The import duty on 703 items will be slashed from Jan 1 next year to comply with the Asean-China Free Trade Agreement (ACFTA). The levy reduction will result in a Customs Department revenue loss of 800 million baht per year, said director-general Kulit Sombatsiri. The 703 items were charged import duties that ranged from 15-20%, […]

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Toward a people-centred Asean community

I am delighted that my first meeting with the leaders of the Association of Southeast Asian Nations has come at a historic moment: the 50th anniversary of Asean’s founding. During those 50 years, not only my country, the Republic of Korea, but almost all of Asia has been utterly transformed. Asean’s role in harnessing and […]

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Growth ‘vital for Asean success’

Asean has high potential to build up regional prosperity and stability but, to be successful, the regional bloc needs robust internal growth, regional integration, and strong collective leadership, former Singapore premier Goh Chok Tong says. Mr Goh, also Emeritus Senior Minister, said the important task for current and future Asean leaders is to help Asean […]

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