{"id":8545,"date":"2024-05-28T03:23:53","date_gmt":"2024-05-28T03:23:53","guid":{"rendered":"https:\/\/aseanbac.com.my\/staging\/?p=8545"},"modified":"2024-07-31T06:42:11","modified_gmt":"2024-07-31T06:42:11","slug":"asean-bac-malaysia-proposes-the-asean-business-entity-abe-category-to-foster-regional-business-growth-28-may-2024","status":"publish","type":"post","link":"https:\/\/aseanbac.com.my\/staging\/2024\/05\/28\/asean-bac-malaysia-proposes-the-asean-business-entity-abe-category-to-foster-regional-business-growth-28-may-2024\/","title":{"rendered":"ASEAN-BAC Malaysia Proposes the ASEAN Business Entity (ABE) Category to Foster Regional Business Growth"},"content":{"rendered":"<div class=\"wpb-content-wrapper\"><p>[vc_row][vc_column][vc_column_text el_class=&#8221;text-aaa&#8221;]<span style=\"font-weight: 400;\">The challenges of achieving economic unity are becoming increasingly complex. Geopolitical uncertainties and the rise of non-tariff barriers (NTBs) are significant hurdles, even as traditional tariffs have remained low through free trade agreements.<\/span><\/p>\n<p>[\/vc_column_text][tm_spacer size=&#8221;xs:15;lg:20&#8243;][vc_column_text el_class=&#8221;text-aaa&#8221;]<span style=\"font-weight: 400;\">Tan Sri Nazir Razak, Chairman of ASEAN-BAC Malaysia, recently discussed the importance of private sector involvement in regional integration and economic acceleration. He highlighted the need for improved capital flows within ASEAN and new policies to streamline and simplify intra-ASEAN transactions, notably the ASEAN Business Entity (ABE) and ASEAN IPO Prospectus, to bring ASEAN member states closer together and enable them to reap economies of scale.\u00a0<\/span>[\/vc_column_text][tm_spacer size=&#8221;xs:15;lg:20&#8243;][vc_column_text el_class=&#8221;text-aaa&#8221;]<span style=\"font-weight: 400;\">The private sector should be at the forefront of driving economic growth, with strong government policies being essential to support progress. ASEAN-BAC Malaysia is laying the groundwork for these initiatives in preparation for Malaysia\u2019s chairmanship of ASEAN in 2025.<\/span>[\/vc_column_text][tm_spacer size=&#8221;xs:15;lg:20&#8243;][vc_column_text el_class=&#8221;text-aaa&#8221;]<span style=\"font-weight: 400;\">Read more on BERNAMA: <\/span><a href=\"https:\/\/www.bernama.com\/en\/news.php?id=2302300\"><span style=\"font-weight: 400;\">https:\/\/www.bernama.com\/en\/news.php?id=2302300<\/span><\/a>[\/vc_column_text][tm_spacer size=&#8221;xs:15;lg:20&#8243;][\/vc_column][\/vc_row][vc_row][vc_column][tm_spacer size=&#8221;xs:15;lg:20&#8243;][tm_button style=&#8221;flat-rounded&#8221; size=&#8221;sm&#8221; button=&#8221;url:https%3A%2F%2Faseanbac.com.my%2Fstaging%2Fevents-2024%2F|title:Back&#8221; action=&#8221;smooth_scroll&#8221; hover_animation=&#8221;icon-move&#8221; align=&#8221;center&#8221; md_align=&#8221;center&#8221; sm_align=&#8221;center&#8221; xs_align=&#8221;center&#8221; color=&#8221;custom&#8221; button_bg_color=&#8221;custom&#8221; font_color=&#8221;custom&#8221; rounded=&#8221;30px&#8221; custom_button_bg_color=&#8221;#e8252d&#8221; custom_font_color=&#8221;#ffffff&#8221;][tm_spacer size=&#8221;xs:15;lg:20&#8243;][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>Simple point-and-shoot digital cameras can give surprising quality when they have the right lenses and sensors. Because they are totally automatic in focus and exposure, they just have to be pointed at a subject and clicked. They have limited capabilities for controlling the image, although even very inexpensive cameras often have white balance controls. <\/p>\n","protected":false},"author":3,"featured_media":8546,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_eb_attr":"","footnotes":""},"categories":[100],"tags":[102],"class_list":["post-8545","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-may-2024","tag-may-2024"],"_links":{"self":[{"href":"https:\/\/aseanbac.com.my\/staging\/wp-json\/wp\/v2\/posts\/8545","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/aseanbac.com.my\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/aseanbac.com.my\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/aseanbac.com.my\/staging\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/aseanbac.com.my\/staging\/wp-json\/wp\/v2\/comments?post=8545"}],"version-history":[{"count":2,"href":"https:\/\/aseanbac.com.my\/staging\/wp-json\/wp\/v2\/posts\/8545\/revisions"}],"predecessor-version":[{"id":8959,"href":"https:\/\/aseanbac.com.my\/staging\/wp-json\/wp\/v2\/posts\/8545\/revisions\/8959"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/aseanbac.com.my\/staging\/wp-json\/wp\/v2\/media\/8546"}],"wp:attachment":[{"href":"https:\/\/aseanbac.com.my\/staging\/wp-json\/wp\/v2\/media?parent=8545"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/aseanbac.com.my\/staging\/wp-json\/wp\/v2\/categories?post=8545"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/aseanbac.com.my\/staging\/wp-json\/wp\/v2\/tags?post=8545"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}