ASEAN Economic Community building from the bottom up:

Where are we now? -

Mr. Jay Y. YuvallosPhilippine Representative, ASEAN BAC President, Interior Basics Corporation

ASEAN Summit

ASEAN BAC was formed following decision of the ASEAN Leaders at the 7th ASEAN Summit and

launched in April 2003, with the mandate to provide private sector feedback and guidance to boost ASEAN's efforts towards economic integration

Objective Provide private sector feedback on the implementation of ASEAN Economic Cooperation and identify priority areas for consideration of the Leaders

Activities 1. Review and identify issues to facilitate and promote

economic cooperation and integration and submit annual recommendations for the consideration of the Leaders and AEM

2. Socialize ASEAN Economic Community (AEC) to the private sector (internal / external)

CompositionASEAN BAC members are appointed by the Ministers in-

charge. It comprises of high-level CEOs of companies from each member country. Each country is represented by a

maximum of 3 members, with one representing the interest of small and medium sized enterprises.

ASEAN BAC

How fast is the business landscape changing in ASEAN and Asia?

Airlines.(Low cost carriers)

Convenience stores.

Communications.(Democratized international voice calls)

Banking & Finance.

Here’s an example.

We’re done with awareness.(The tides are changing and everyone is gearing toward this change)

We need a SHIFT in perspective.

Video: Redrawing the ASEAN Map

(Economist Corporate Network)

http://youtu.be/1zNU6a_-kfM

Let’s learn from Babe Ruth.

Does this describe us?

Let’s take a look at the Philippines.

When we look at our country, we see

two things.

[insert]

Principle: “It’s okay to demand

more from our leaders as long as we demand more from ourselves.”

SWOT

What would happen if the ASEAN were one country?

SWOT

Source: Economic Corporate Network (ECN)

Source: ECN

Conclusion

Thank you!Visit us: http://www.aseanbac.ph