Excessive bureaucracy and a lack of coordination at the ministerial level has undermined the country’s business environment. • The World Economic Forum ranks Indonesia’s infrastructure as 72nd out of 144 countries, and 4th in the ASEAN region, below Singapore, Malaysia and Thailand. Infrastructure spending in Indonesia (both public and private) remained subdued following the 1997 Asian economic crisis. As a result, Indonesia has poor basic infrastructure and remained under-invested…
Certainly, the removal of tariff barriers and free movement of goods, services, labors, and capital within the common market are the basic requirement for establishing monetary union. With ACFTA, there will lead to greater link between China and ASEAN countries. When they build a closer trade and political link, RMB regionalization is just a matter of time. Second, economic openness is getting higher. The economic openness is one of the OACA’s determinants. According to International Chamber of…
of humans. Culture and society are a together. Society has a culture, and if society is large or complexity. There is more cultural diversity. The similarities and differences between the cultures of Thailand and ASEAN members it’s the result of geographic and origination of cultures. ASEAN members, such as Singapore who have very high technological advancements, have many cultural differences and similarities with Thailand. Such as spiritual belief, mystery, ghost, and soul. From example, a…
hesitate to rescue them. In conclusion, I agree with the views presented in this document. Asean countries can help to solve the problem as well by putting pressure on Burma and by accepting the Rohingya and providing them with humanitarian aid. The countries have to ensure that Burma decreases the number of Rohingya fleeing the country and also rescue those stranded at sea. Therefore, I feel that all Asean countries can help to solve the Rohingya…
SEA Games really brings benefits to hosting country in term of boosting the economy. However, during SEA Games, there must be vehicular traffic flow around Bukit Jalil area as athletics and spectators were moving to the stadium. The National Stadium in Bukit Jalil has been filled up with people wanting to witness the opening of the Kuala Lumpur SEA Games, which is just minutes away. (Bernama, 2017) Picture is provided by Bernama As we can see the crowds from the above photo, there must be…
Harmony, word originally derived from the Latin harmonia meaning agreement and the Greek harmós which means to fit together or joint while the word diversity is from the Old French diversité means difference. Therefore, harmony within diversity in other words means to fit together despite the differences. According to Martin Luther King Jr. " We are caught in an escapable network of mutuality, tied in a single garment of destiny. Whatever affect one directly, affects all indirectly." It is…
International Political Economy or IPE is one of social science studies that focusing on the correlation between economy and politics internationally. IPE will be focuses on international economic growth, international welfare, international finance, hegemony, etc. In this subject, it seems like there is no boundaries between economy and politics. They related and influence one another. After the colonial period, Indonesia has experienced a lot of progress for both domestic affairs and foreign…
Sun Life Financial (SLF) group of companies is a worldwide leader in protection and wealth management; with key operations in Canada, United States, United Kingdom, Hong Kong, Japan, Indonesia, India, China, Vietnam, Malaysia, the Philippines and Bermuda. In the Philippines, SLF is engaged in the business of life insurance, mutual funds, pension and educational plans. These businesses are being managed by, Sun Life Asset Management Company, Inc. (SLAMCI) for the mutual fund business; Sun Life…
In Document A, Charles Santiago, Chair of Asean Parliament for Human Rights, views that the Rohingya refugee crisis issue is no longer a Burma issue, but a regional issue, and claims that the problem had started with the Burma government refusing to give citizenship to the Rohingya, so the long-term strategy would be for ASEAN to pressurize Burma to make changes to the lives of the Rohingya, while the short-term strategy will only be for the countries, which are mainly Thailand, Malaysia and…
4.2 Hotel Attraction Taaras resort, is a beach and spa resort which located few kilometers away from the small island found just outside of the East Coast of tropical island in Malaysia namely Terengganu. The resort is filled with contemporary barefoot luxury experience accompany by the 5-star private beach residence and a sixteen meter infinity swimming pool, personal fitness and both interior and exterior lounge decks. The hotel has more than 183 stylish suites and rooms as well as five…