'AEC 2015' is no longer a slogan but a reality that the region's governments, businesses and people will have to embrace before the year is out. How ready are we?
6/01/2015
Adapted from article by Asia Focus Team
By the end of this year the 10 countries that make up the Association of Southeast Asian Nations (Asean) are supposed to join forces as a single economic community, the Asean Economic Community (AEC).
The AEC was supposed to have come into being four days ago but members realised four years ago that the deadline would never be met, so they made a cosmetic change. No one believes the new deadline of Dec 31, 2015 will be met either. Even then, there will be questions about how many will be ready to cope with the impact